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You bought a share of 3 percent preferred stock for $97.83 last year. The market price for your stock is now $98.45 What was your

You bought a share of 3 percent preferred stock for $97.83 last year. The market price for your stock is now $98.45

What was your total return for last year? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16))

Total return

%

You purchased a zero coupon bond one year ago for $109.56. The market interest rate is now 11 percent. If the bond had 21 years to maturity when you originally purchased it, what was your total return for the past year? Assume semiannual compounding. (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16))

Total return

%

A Japanese company has a bond outstanding that sells for 95 percent of its

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