Question you purchased a bond for 935 the bond has a face, Ask an Expert

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Question: You purchased a bond for $935. The bond has a face value of 1,000 and it pays a dividend at 9% annual rate twice a year. You sold the bond for $910 after 3 years. Using graphical method determine the nominal rate of return that you earned on this bond. The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

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