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What is the effective annual rate of return (EAR) for an investor who pays $1,100.47 for a bond with a 6.5% coupon and sells the bond two years later for $1,227.19? Assume that coupons are payable semiannually and reinvested at APR of 6%.

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Gibbs' reflective cycle in nursing

A) 23.9%.
B) 11.9%.
C) 14.7%.
D) 14.9%.
E) 11.3%.  Get Finance Help Today

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