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Suppose you bought a bond with an annual coupon rate of 7 percent one year ago for $ 8 6 0 . The bond sells
Suppose you bought a bond with an annual coupon rate of percent one year ago for $ The bond sells for $ today.
a
Assuming a $ face value, what was your total dollar return on this investment over the past year?
b What was your total nominal rate of return on this investment over the past year? Do not round intermediate calculations and enter your answer as a percent rounded to decimal places, eg
c If the inflation rate last year was percent, what was your total real rate of return on this investment? Do not round intermediate calculations and enter your answer as a percent rounded to decimal places, eg
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