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Question
Brooke invested $4,500 in the stock market with the expectation of earning 6.25 percent. She actually earned 7.15 percent for the year. What is the amount of her unexpected return?A. -1.2 percent
B. -0.6 percent
C. 0.9 percent
D. 1.9 percent
E. 2.4 percent
Answer
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Which one of the following statements regarding an original issue $25,000 GNMA bond is correct?
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