Question: 8 . Problem 7 . 1 7 ( Bond Returns ) Activity Frame eBook Problem Walk - Through Last year Janet purchased a (
Problem Bond Returns Activity Frame eBook Problem WalkThrough Last year Janet purchased a $ face value corporate bond with an annual coupon rate and a year maturity. At the time of the purchase, it had an expected yield to maturity of If Janet sold the bond today for $ what rate of return would she have earned for the past year? Do not round intermediate calculations. Round your answer to two decimal places.
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