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An investor buys a bond with a nominal value of 1500, the maturity is 8 years, paying an annual coupon of 6.5%. Calculate the investor's
An investor buys a bond with a nominal value of 1500, the maturity is 8 years, paying an annual coupon of 6.5%. Calculate the investor's return if it is maintained until maturity, while the coupon reinvestment rate is 5.8%?
a. 6.5%
b. 5.8%
c. 4.9%
d. 8.7%
e.none of the above choices
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