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  3. a bond has a face value of 80000 and pays an annua

a bond has a face value of 80000 and pays an annual coupon rate of...

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Accounting

a bond has a face value of 80000 and pays an annual coupon rate of 7.5%. the bond is selling for 79200 now and is expected to be sold for 80120 one year from now. what is the bonds expected rate of return?
answer? %
do not round intil you reach final answer. round to two decimal places for final.

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