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Suppose you bought a bond with an annual coupon rate of 8.1 percent one year ago for $904. The bond sells for $940 today. Assuming
Suppose you bought a bond with an annual coupon rate of 8.1 percent one year ago for $904. The bond sells for $940 today. Assuming a $1,000 face value, what was your total dollar return on this investment over the past year? Note: Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32. What was your total nominal rate of return on this investment over the past year? Note: Do
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