**********************************************************coupon rate is 7.75%***********************************************************

Coupon rate above!!!!!!!!!!!!!!!!!!!!!!!!

In early January 2010, you purchased $41,000 worth of some high rade corporate bonds The bonds carned a coupon of 7 % and mature in 2024. You paid 92.311 when vou bought the bonds Over he ve years rom 2010 through 2014, the bonds were pnced in the market as tallows: (ck an the icon lacated on the top-nght corner ot the data table below in order ta copy its contents into a spreadsheet Quoted Prices Year 2010 2011 2012 2013 2014 Beginning of the Year 92.311 97.801 99.473 102.189 11053 End of the Year 97.901 99.473 102.189 110.537 123 514 Average Holding Perlod Return on High-Grade Corporate Bonds 7.30% 11.72 6.89 7.90 Coupon payments were made on schedule throughout the 5 year periad. a. The holding period return for 2010 is The holding period return for 2011 is %. Round to two decimal places.) The holding period return tor 20126; | |% (Rolnd to two decimal places ) The holding period return for 2013s 11% (Round to two decimal plans ) The holding period return for 2014 is 1 1%. 'Round to two decimal places.) b. Use the average return intormaton in the given table to evaluate the investment pertrmance of this bond How do ycu think it stacks up against the arker? Explain (Round to two decimal places.) (Select the best answer belo The h gh-grade U rporate bund "westrnent has outperformed hernarke The market has outperformed the corporste bond investment The average rate of return for the investment is 5.83% versus the average maket rate of 13 81% he avu'a c 'ak) of re um u' the "westmenl s 1301 versus h : av-age rr arket rate of 5 B3% O