Question
4c) Suppose you bought a bond with an annual coupon of 9 percent one year ago for $963. The bond sells for $937 today. If
4c) Suppose you bought a bond with an annual coupon of 9 percent one year ago for $963. The bond sells for $937 today. If the inflation rate last year was 3 percent and the face value of the bond is $1000, what was your total real rate of return on this investment?
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Airline Finance
Authors: Peter S. Morrell
4th Edition
1351959743, 978-1351959742
