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Two years ago, the price of a bond was $928.00, and one year ago, the price of the bond was $970.00. Over the past year,
Two years ago, the price of a bond was $928.00, and one year ago, the price of the bond was $970.00. Over the past year, the bond paid a total of $67.00 in coupon payments, which were just paid. If the bond is currently priced at $945.00, then what was the rate of return for the bond over the past year (from 1 year ago to today)? The par value of the bond is $1,000. O 12.91 (plus or minus .02 percentage points) O 4.44 (plus or minus .02 percentage points) O 4.33 (plus or minus .02 percentage points) O 11.75 (plus or minus .02 percentage points) O None of the above is within .02 percentage points of the correct
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