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Please help--this is for my accounting homework 1.Suppose you bought a $1,000 face value bond with a coupon rate of 3.3 percent one year ago.
Please help--this is for my accounting homework
1.Suppose you bought a $1,000 face value bond with a coupon rate of 3.3 percent one year ago. The purchase price was $985. You sold the bond today for $987.3. If the inflation rate last year was 1.6 percent, what was your exact real rate of return on this investment? ______%
2. A stock had returns of 1.3 percent, 8.5 percent, 6.8 percent, 3.4 percent, 10 percent, and 19.7 percent over the past six years. What is the geometric average return for this time period? _____%
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