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QUESTION 3 You purchased a bond for $1,000. After purchasing the bond you received a coupon of $20. The price of the bond is currently

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QUESTION 3 You purchased a bond for $1,000. After purchasing the bond you received a coupon of $20. The price of the bond is currently $1,200. What was the rate of return on the bond? Your final answer must be in percent. QUESTION 4 An investment has a rate of return of 12% APR with semi-annual compounding. What is this investment's per period rate of return? Your final answer should be in percent

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