Question
Last year Sam bought a $1,000 face value corporate bond with an 11% annual coupon rate and a 10-year maturity. At the time of the
Last year Sam bought a $1,000 face value corporate bond with an 11% annual coupon rate and a 10-year maturity. At the time of the purchase, it had an expected yield to maturity of 9.79%. If Sam sold the bond today for $1,100, what rate of return would he have earned for the past year?
- A. 13.55%
- B. 15.55%
- C. 16.55%
- D. 14.55%
- E. 12.55%
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Bitcoin Cash What You Need To Know About Bch
Authors: Alexander O. M.
1st Edition
1976721229, 978-1976721229
