A bond had a price of $946.86 at the beginning of the year and a price of $984.56 at the end of the year. The bond's par value is $1,000 and its coupon rate is 6.3 percent. What was the percentage return on the bond for the year? A. 6.45 B. 3.83% C. 9.31% D.10.64% E. 11.34%
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