Question
One year ago , you purchased a 5 percent coupon bond with a face value of $1,000 when it was selling for 101.2 percent of
One year ago , you purchased a 5 percent coupon bond with a face value of $1,000 when it was selling for 101.2 percent of par. Today, you sold this bond for 99.8 percent of par. What is your total dollar return on this investment?
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Financial Times Guide To The Financial Markets
Authors: Glen Arnold
1st Edition
0273730002, 978-0273730002
