Question: 2 points eBookReferences Check my workCheck My Work button is now disabled 1 Item 2 1 What is the rate of return for an investor

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Item 21
What is the rate of return for an investor who pays $1,054.47 for a 3-year bond with an annual coupon payment of 6.5% and sells the bond 1 year later for $1,037.19?

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