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Business, 09.08.2021 20:40 heysonic91

A portfolio manager invested $2,100,000 in bonds. In one year, the market value of the bonds dropped to $2,089,000. The interest payments during the year totaled $95,000. a. What was the manager’s total rate of return for the year? (Round your intermediate calculations to 4 decimal places. Round your answer to 2 decimal places.)

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A portfolio manager invested $2,100,000 in bonds. In one year, the market value of the bonds dropped...
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