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5. What is the rate of return for an investor who pays $1,054.47 for a 3-year bond with a 7% coupon and sells the bond

5. What is the rate of return for an investor who pays $1,054.47 for a 3-year bond with a 7% coupon and sells the bond 1 year later for $1,037.19? A. 5.00% B. 5.33% C. 6.46% D. 7.00%
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5. What is the rate of return for an investor who pays $1,054.47 for a 3 -year bond with a 7% coupon and sells the bond 1 year later for $1,037.19 ? A. 5.00% B. 5.33% C. 6.46% D. 7.00%

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