Determine the rate of return in the given issue

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Reference no: EM132162779

Question: The Afar Jewel Mining Company has just issued a 0% coupon bond priced at $423. If the bond is bought today and in 2 years is sold for $502.50, determine the rate of return. The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM132162779

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