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Leigh purchased bonds in 1963 for $2,500 and sold it in 1966 for $2,000. The...

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Question

Finance

Leigh purchased bonds in 1963 for $2,500 and sold it in 1966 for $2,000. The bonds paid out annual
coupons of $150 each in 1964,1965, and 1966. What was Leigh's holding period return (HPR) for the
bond?
a.98%
b.80%
c.-2%
d.-20%
Clear my choice
Risk premium is:
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