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you bought one of elkins manufactering CO.s 6.4 percent coupon bonds one year ago for 1058 these bonds make annual payment. mature 13 years from
you bought one of elkins manufactering CO.s 6.4 percent coupon bonds one year ago for 1058 these bonds make annual payment. mature 13 years from now, and have a par value of 1000 suppose you decide to sell your bonds today, when the required return on the bonds is 6 percent. if the inflation rate was 2.8% over the past year, what would be your total real return on the investment ?
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