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What return would have earned on the investment

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Reference no: EM132497166

Point 1: Suppose you bought the 8.5% coupon NII Capital Corp. bond maturing in 8 years one year ago for $550 and sold it one year later for $700. Assume semi-annual coupons and compounding.

Question 1: What return would you have earned on that investment?

Reference no: EM132497166

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