Question
2. Suppose you invested in a bond three years ago. You bought the bond at $965 and today the price of the bond is $1047.75.
2. Suppose you invested in a bond three years ago. You bought the bond at $965 and today the price of the bond is $1047.75. You just calculated that your HPR on the bond is 35%. Given this and a face value of $1,000, what is the coupon rate of the bond? a. 4.9% b. 6.2% c. 8.5% d. 10.6%
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Commodity Finance Principles And Practice
Authors: Weixin Huang
1st Edition
1781371938, 978-1781371930
