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Suppose you bought a bond with an annual coupon of 6 percent one year ago for $930. The bond sells for $990 today. Assuming a
| Suppose you bought a bond with an annual coupon of 6 percent one year ago for $930. The bond sells for $990 today. |
| Assuming a $1,000 face value, what was your total dollar return on this investment over the past year? | |
| What was your total nominal rate of return on this investment over the past year? | |
| If the inflation rate last year was 3 percent, what was your total real rate of return on this investment? |
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Financial Markets Instruments And Institutions
Authors: Anthony M. Santomero, David Babbel
2nd Edition
0072358688, 9780072358681
