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An investor buys a bond for $5,000. The bond pays $207 interest every six months. After 18 months, the investor sells the bond for $4,676.
An investor buys a bond for $5,000. The bond pays $207 interest every six months. After 18 months, the investor sells the bond for $4,676.
Describe the types of income and/or loss the investor had.
The current income is $________. (Round to the nearest dollar.)
The investor would experience a capital gain or a capital loss or neither (choose one) in the amount of $________.
( if a loss, enter a loss as a negative number rounded to the nearest dollar.)
The total return on this investment is $______(Round to the nearest dollar.)
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