Photo Open with Preview (21 - 24) You purchased a bond five years ago that had a 15% coupon rate. Although you initially assumed you could earn a 15% compound rate of return, the interest rates in the market fell over your holding period resulting in the reinvestment rates indicated below. Construct a terminal wealth analysis and determine your compound rate of return. CR 15% RR Ending Rate in Beginning Compound Simple Compound Total Value Interest Interest Interest Interest Year Value Year 2 0.12 3 0.09 4 0.06 5 0.03 Totals (21) (22) (23) PV FV N ( (24) Rate Photo Open with Preview (21 - 24) You purchased a bond five years ago that had a 15% coupon rate. Although you initially assumed you could earn a 15% compound rate of return, the interest rates in the market fell over your holding period resulting in the reinvestment rates indicated below. Construct a terminal wealth analysis and determine your compound rate of return. CR 15% RR Ending Rate in Beginning Compound Simple Compound Total Value Interest Interest Interest Interest Year Value Year 2 0.12 3 0.09 4 0.06 5 0.03 Totals (21) (22) (23) PV FV N ( (24) Rate