A bond par value is $2,000 and the coupon rate is 4.9 percent. The bond...
50.1K
Verified Solution
Link Copied!
Question
Accounting
A bond par value is $2,000 and the coupon rate is 4.9 percent. The bond price was $1,945.91 at the beginning of the year and $1,978.64 at the end of the year. The inflation rate for the year was 2.7 percent. What was the bond's real return for the year? A. 4.95% B. 4.17% C. 3.91% D. 6.72% E. 3.42%
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
- Unlimited Question Access with detailed Answers
- Zin AI - 3 Million Words
- 10 Dall-E 3 Images
- 20 Plot Generations
- Conversation with Dialogue Memory
- No Ads, Ever!
- Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.