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You purchased an annual interest coupon bond one year ago with 6 years remaining to maturity at the time of purchase. The coupon rate is

You purchased an annual interest coupon bond one year ago with 6 years remaining to maturity at the time of purchase. The coupon rate is 10% and face value is $1,000. At the time you purchased the bond, the yield to maturity was 8%. If you sold the bond after receiving the first coupon payment and the bond's yield to maturity had changed to 7%, your annual total rate of return on holding the bond for that year would have been:

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