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need help with finance hw please Total rate of return You buy a 10 -year bond at $1,000 par that pays $30 in interest once
need help with finance hw please
Total rate of return You buy a 10 -year bond at $1,000 par that pays $30 in interest once a year. You hold the bond for 1 year and collect the first coupon payment. By that time, the market's required return on the bond has risen from 3% to 4%, so the bond's price is $925.65. What is your total rate of return for the year? Your total rate of return for the year is \%. (Round to two decimal places.) Return calculations For the investment shown in the following table, calculate the total return earned over the unspecified time period. (Click on the icon here in order to copy the contents of the data table below into a spreadsheet.) The total return on the investment is \%. (Round to two decimal places. If there is a loss, enter as a negative percentage.)Step by Step Solution
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