Question: 8.4 a. (4 points) You purchased a zero coupon bond one year ago for $305.24. The market interest rate is now 8 percent (please keep
8.4 a. (4 points) You purchased a zero coupon bond one year ago for $305.24. The market interest rate is now 8 percent (please keep in mind that this number is compounded semi-annually by convention). If the bond had 15 years to maturity when you originally purchased it, what was your total return for the past year? b. (3 points) You bought a share of 4 percent preferred stock for $92.75 last year. The market price for your stock is now $88.30. What is your total return for last year? c. (3 points) A stock was priced at $120.98 at the beginning of the year and $126.72 at the end of the year. The company also paid a dividend of $1.50 per share. What was the total return for the year
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