Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. suppose you bought a bond with an annual coupon ra

Suppose you bought a bond with an annual coupon rate of 71 percent one year...

80.2K

Verified Solution

Question

Finance

image
Suppose you bought a bond with an annual coupon rate of 71 percent one year ago for $894. The bond sells for $920 today. a. Assuming a $1,000 face value, what was your total dollar return on this investment over the past year? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) b. What was your total nominal rate of return on this investment over the past year? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) c. If the inflation rate last year was 4.1 percent, what was your total real rate of return on this investment? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) a. Total dollar return b. Total nominal rate of return c. Total real rate of return de de % %

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

Statistics
1.2K views

ACT Prep Course. ACT prep courses like to market that you can increase your ACT score...

Chemistry
1.2K views

A certain weak acid, HA, has a Ka value of 7.3

Physics
1.2K views

There is a typical elliptical galaxy that has a velocity dispersion that is high. a. relatively, what's...

Physics
1.2K views

Supe A block rests on an inclined plane making an angle of 30 with the...

Physics
1.2K views

01 A marble is bouncing down a stairs in a regular manner hitting each step...

Geometry
1.2K views

Order the side lengths IJ JK and KI from least to greatest Note that the...

Basic Math
1.2K views

In 2009 the life expectancy of males in a certain country was 73 years and...

Basic Math
1.2K views

You are a pension fund manager who has obligations over the years to come of:The...

Algebra
1.2K views

Which of the following integrals represents the volume of the solid obtained by rotating the...

Accounting
1.2K views

These accounts are from the Adjusted Trial Balance columns in a companys 10-column work sheet....

Accounting
1.2K views

Required information [The following information applies to the questions displayed below] Harbortown Marine Products (HMP)...

Accounting
1.2K views

Journal Entries Factor table required: Future value of 1( Future Value of a...