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Then the one-year rate of return from holding this bond

An investor buys a coupon bond and holds it for exactly one year and then sells it in a secondary market prior to maturity. The investor buys it for $4,000, sells it one year later for $4,110 and receives a coupon payment of $60. Then the one-year rate of return from holding this bond is.

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Business Economics: Then the one-year rate of return from holding this bond

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