Question: - What is the return on a, $10000 Face Value 8 percent coupon bond that initially sells for $11,000 and sells for $13,000 one year

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What is the return on a, $10000 Face Value 8 percent coupon bond that initially sells for $11,000 and sells for $13,000 one year later?

Select one:

A.

20.45%

B.

22.45%

C.

25.45%

D.

27.45%

E.

29.45%

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