Question: Mark Crane purchased a $ 1 , 0 0 0 corporate bond five years ago for $ 1 , 0 6 0 . The bond

Mark Crane purchased a $1,000 corporate bond five years ago for $1,060. The bond paid 2.5 percent annual interest. Five years later,
he sold the bond for $950. Calculate the total return for Mr. Crane's bond investment.
Answer is complete but not entirely correct.
Total return
$
Mark Crane purchased a $1,000 corporate bond five years ago for

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