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please complete with calculator functions not excel. Thank you. 6. On January 15, 2014, Elyakim Ehrlichman purchased a corporate bond from his neighbor, Albert Kelly.
please complete with calculator functions not excel. Thank you.
6. On January 15, 2014, Elyakim Ehrlichman purchased a corporate bond from his neighbor, Albert Kelly. The bond had a Par Value of $1,000 and an annual coupon rate of 5.14%, and the coupon Interest was payable on March 15 and September 15 of each year, Elyakim pald Albert $968.32 for the bond. On January 15, 2015, Elyakim sold the bond to Gina Galliardi for $947.18. Calculate George's total annual percentage rate of return on the investment. In addition, calculate the annual income yield and the annual capital gains yield of the investment. 7. On August 14, 2014, Harry Harrison purchased 1,000 shares of the BDF Corporation at $87.56 per share, which he planned to sell on August 14, 2015. However, when that date came around, the price of the stock had dropped to $62.32 per share and therefore Harry decided not to sell on that date. On August 14, 2016, Harry sold dit his shares in BDF at a price of $92 per share. Harry did not receive any dividends from the shares during his holding period. Calculate his Arithmetic Average Annual Rate of Return and Geometric Average Annual Rate of Return for his holding period, 8. On January 1, 2017, Matis Herring purchased 2,500 shares of the Guip Seltzer Corp. at $34.86 per share. The stock paid an annual dividend of $1.27 per share at the end of each year. At the end of 2017, the market price of the stock had declined to $31.79 per share Matis did not sell the stock on that date but held the stock until the end of 2018, after he had again received the annual dividend per share of $1.27. He sold the stock at the end of 2018 for $36.11 per share. Calculate his Arithmetic Average Annual Rate of Return and Geometric Average Annual Rate of Return for his holding periodStep by Step Solution
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