asked 152k views
4 votes
Suppose you bought a bond with a coupon rate of 7.4 percent one year ago for $900. the bond sells for $940 today. the bond pays annual coupons.

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.)

asked
User Yar
by
8.8k points

1 Answer

0 votes
Is there any other answer choices ?
answered
User Yagami Light
by
8.8k points
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.