Question
What is the rate of return for an investor who pays $1,054.47 for a three-year bond with a 7% coupon and sells the bond one
What is the rate of return for an investor who pays $1,054.47 for a three-year bond with a 7% coupon and sells the bond one year later for $1,037.19? Assume annual coupon.
Question 29 options:
|
| 5.00% |
|
| 5.33% |
|
| 6.46% |
|
| 7.00% |
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Modern Equity Investing Strategies
Authors: Anatoly B Schmidt
1st Edition
9811239495, 978-9811239496
