Question: The next two problems use this information. One year ago you purchased a bond that paid a coupon rate of 7.5 percent. The bond's price

The next two problems use this information. One year ago you purchased a bond that paid a coupon rate of 7.5 percent. The bond's price was $941. Now the bond is worth $949. The face value was $1,000. Required: (a) What was your total dollar return on this investment

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