Julia purchased 15 Canada Savings bonds for $900 each. Each bond pays $90 interest every 6 months with the first payment in 6 months. She sold the bonds after one year for $930 each.

For the entire year, what was her

a. Income Yield (%Y)

b. Percent Capital Gain (%G)

c. Rate of Return on the Investment (%ROI) for the time Julia owned the shares?

Answer rating: 100% (QA)

a Income Yield Y The income yield is calculated as the income from the asset divided by the initial ... View the full answer