One year ago you purchased a $1,000 face value bond that pays 5.0% interest semi-annually...
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Accounting
One year ago you purchased a $1,000 face value bond that pays 5.0% interest semi-annually for $1,050. During the year you received coupon interest payments on the bond in the amount of $50.00. Today the bond is worth $1,125. What is the total return you earned on this bond measured in percentage terms?
Group of answer choices
11.11%
5.00%
4.44%
11.90
4.76%
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