What is the percentage returns

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OFDC Ltd is offering 6% coupon bonds, 8 years to maturity. Bonds make annual payments and have face value of $1,200. Bond sells for $925.

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  • Mark Adam bought 250 shares of GDFC Ltd shares for $17. A year later dividend received $1.25/share and he decided to shell the same shares for $26 each
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  • What is the percentage returns?

Reference no: EM131802850

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