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You purchased a bond for $900 one year ago. Today, you receive your only interest payment for the year of $85. The bond can currently
You purchased a bond for $900 one year ago. Today, you receive your only interest payment for the year of $85. The bond can currently be sold for $975. 27- What is your total percentage return on investment? A) 8.3% B) 11.1% 17.8% D) 19.4% 23.8% E) 28- What is the total dollar return for the investment? A) $75 B) $85 C) $100 D) $160 E) None of the above
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