An investor buys a ten-year 7 coupon bond for 1050 holds it


An investor buys a ten-year, 7% coupon bond for $1,050, holds it for one year and then sells it for $1,040. What was the investor's rate of return?

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Finance Basics: An investor buys a ten-year 7 coupon bond for 1050 holds it
Reference No:- TGS0629872

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