Question
One year ago, u purchased a 6 percent coupon bond with a face value of 1000, when it was selling for 98.6% of par. Today
One year ago, u purchased a 6 percent coupon bond with a face value of 1000, when it was selling for 98.6% of par. Today u sold this bond for 101.2% of par, what is your total dollar return on this investment?
A 86
b74
c60
d 64
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Financial Management Theory And Practice
Authors: Eugene Brigham, Michael Ehrhardt, Jerome Gessaroli, Richard Nason
3rd Canadian Edition
017658305X, 978-0176583057
