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The Market Value of Stephanie's Bonds Has Declined from $1053

Question 209

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The market value of Stephanie's bonds has declined from $1053.25 to $1021.75 per bond during the past year. In the meantime she has received two semiannual interest payments of $35. Calculate Stephanie's income yield, capital gain yield, and rate of total return for the year.

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6.65%, -2....

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