What is the total return to an investor who purchases a bond for $1000 and...
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What is the total return to an investor who purchases a bond for $1000 and sells the bond for $1,079 next year. Assume the bond has an annual coupon rate of 4% that is paid in two equal payments. Record your answer as a decimal to four places after the decimal, so if your answer is 4.212111%, record your answer as 0.0421
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