The bond price at the end of the year is $1,050. Therefore, the capital gain on each
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The bond price at the end of the year is $1,050. Therefore, the capital gain on each bond is $1,050 − $1,020 = $30. Your dollar return is the sum of the income from the bond, $80, plus the capital gain, $30, or $110. The rate of return is.........?
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