a. You purchased a zero coupon bond one year ago for $515.24. The market interest...
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a. You purchased a zero coupon bond one year ago for $515.24. The market interest rate is now 6 percent (please keep in mind that this number is compounded semi-annually by convention). If the bond had 11 years to maturity when you originally purchased it, what was your total return for the past year?
b. A stock was priced at $27.98 at the beginning of the year and $30.51 at the end of the year. The company also paid a dividend of $0.50 per share. What was the total return for the year?
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