Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. a corporate bond that you own at the beginning of

A corporate bond that you own at the beginning of the year is worth $945....

70.2K

Verified Solution

Question

Accounting

image

A corporate bond that you own at the beginning of the year is worth $945. During the year, it pays $59 in trestpaments and ends the year valued at $935. What was your dollar return and percent return? (Round your percent return answer to 2 decimal places.) Dollar return Percent return

Answer & Explanation Solved by verified expert
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!
Become a Member

Other questions asked by students