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12 parcont a. Compute the bond's expected rate of return. b. Determine the value of the bond to you, given your required rate of return.

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12 parcont a. Compute the bond's expected rate of return. b. Determine the value of the bond to you, given your required rate of return. c. Should you sell the bond or continue to own it? a. What is the expected rate of return of the 20 -year, $1,000 par value bond parying 8 percent inferest annually if its market price is $800 ? you (Round to two decimal places.)

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