If you buy a bond for $1,200.00, earn interest payments totaling $42.00 during the year, and then
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Question:
If you buy a bond for $1,200.00, earn interest payments totaling $42.00 during the year, and then sell it for $1,251.00. This information is shown in the following table.
B0 | Interest | B1 |
---|---|---|
$1,200.00 | $42.00 | $1,251.00 |
What is your income yield?
Your income yield is %. Round your answer to the nearest two decimal places.
What is your capital gains yield?
Your capital gains yield is %. Round your answer to the nearest two decimal places.
Related Book For
Engineering Economic Analysis
ISBN: 9780195168075
9th Edition
Authors: Donald Newnan, Ted Eschanbach, Jerome Lavelle
Posted Date: