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What is the average annual rate of return on the investment

Problem:

Assume the Intel Corporation's $1,000 face value 9 percent coupon rate bond matures in 10 years and sells for $1,100. If you purchase the bond for $1,100 and hold it to maturity, what will be your average annual rate of return on the investment?

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Finance Basics: What is the average annual rate of return on the investment

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Finance Basics: What is the average annual rate of return on the investment

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