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(Bondholders' expected rate of retum) Sakura Cobonds are selling in the market for $700. These...

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(Bondholders' expected rate of retum) Sakura Cobonds are selling in the market for $700. These 15 year borda pay 11 percent restrually on a $1.000 par val they are purchased at the marin, what is the expected rate of return? The band's expected rute of retumsRound to wo decimal places)

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