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A bond had a price of $945.60 at the beginning of the year a…
A bond had a price of $945.60 at the beginning of the year and a price of $977.09 at the end of the year. The bond’s par value is $1,000 and its coupon rate is4.5 percent. What was the percentage return on the bond for the year?
A bond had a price of $945.60 at the beginning of the year a…
Questions
A bоnd hаd а price оf $945.60 аt the beginning оf the year and a price of $977.09 at the end of the year. The bond's par value is $1,000 and its coupon rate is4.5 percent. What was the percentage return on the bond for the year?
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