Question
Suppose you bought a bond with a coupon rate of 5.6 percent one year ago for $985. The bond sells for $1,015 today. The bond
Suppose you bought a bond with a coupon rate of 5.6 percent one year ago for $985. The bond sells for $1,015 today. The bond pays annual coupons.
a) Assuming a $1,000 face value, what was your total dollar return on this investment over the past year?
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The Oxford Handbook Of Entrepreneurial Finance
Authors: Douglas Cumming
1st Edition
0195391241, 978-0195391244
