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Suppose you bought a bond with an annual coupon rate of 7 . 5 percent one year ago for $ 8 9 8 . The
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?
Note: Do not round intermediate calculations and round your answer to the nearest whole number, eg
b What was your total nominal rate of return on this investment ver the past year?
Note: 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?
Note: Do not round intermediate calculations and enter your answer as a percent rounded to decimal places, eg
tablea Total dollar return,b Total nominal rate of return,
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