Question
A corporate bond that you own at the beginning of the year is worth $975. During the year, it pays $45 in interest payments and
A corporate bond that you own at the beginning of the year is worth $975. During the year, it pays $45 in interest payments and ends the year valued at $965.
What was your dollar return and % return? (Round your "% return" to 2 decimal places.)
Dollar return
% return
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Get StartedRecommended Textbook for
Contemporary Financial Management
Authors: James R Mcguigan, R Charles Moyer, William J Kretlow
10th Edition
978-0324289114, 0324289111
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