Question
#18 Assume you purchased a bond for $941. The bond pays $10 interest every six months. You sell the bond after 18 months for $1,000.
#18
Assume you purchased a bond for
$941.
The bond pays
$10
interest every six months. You sell the bond after 18 months for
$1,000.
Calculate the following:a. Income.b. Capital gain (or loss).c. Total return in dollars and as a percentage of the original investment.
a. The current income is
$enter your response here.
(Round to the nearest dollar.)Part 2b. The capital gain (or loss) is
$enter your response here.
(Enter a loss as a negative number and round to the nearest dollar.)Part 3c. The total return in dollars is
$enter your response here.
(Round to the nearest dollar.)Part 4The total return as a percentage of the original investment is
enter your response here%.
(Enter as a percentage and round to two decimal places.)
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