Question: What is the total return for a $1,000 face value bond with a coupon rate of 4.5% that we buy for $1,037 and sell one
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What is the total return for a $1,000 face value bond with a coupon rate of 4.5% that we buy for $1,037 and sell one year later for $995.
A. -.39%
B. -.19%
C. .29%
D. 1.88%
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