An investor purchased a bond 45 days ago for $985. He received $15 in interest and sold

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An investor purchased a bond 45 days ago for $985. He received $15 in interest and sold the bond for $980. What is the holding-period return on his investment?

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Engineering Economic Analysis

ISBN: 9780195168075

9th Edition

Authors: Donald Newnan, Ted Eschanbach, Jerome Lavelle

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Posted Date: Feb 14, 2023 02:24 AM

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An investor purchased a bond 45 days ago for $985. He received $15 in interest and sold

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Engineering Economic Analysis

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