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I bought a bond for $670 on 3/1/2017 and collected coupon payments of $35 on 6/1/2017, 12/1/2017 and on 6/1/2018. I sold the bond on
I bought a bond for $670 on 3/1/2017 and collected coupon payments of $35 on 6/1/2017, 12/1/2017 and on 6/1/2018. I sold the bond on 7/1/2018 for $625. What has been my annualized rate of return on this investment?
7.11%
6.25%
4.23%
8.34%
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