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An Investor Purchased a Bond 63 Days Ago for $980

Question 85

Multiple Choice

An investor purchased a bond 63 days ago for $980. He received $17 in interest and sold the bond for $987. What is the holding-period return on his investment?


A) 1.52%
B) 2.45%
C) 1.92%
D) 2.68%

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