chapter 7 question 2

lp (Bond valuation) At the beginning of the year, you bought a $1.000 par Value corporate bond with an ornal coupon ratio of 13 percent and a manuty date of 14 years. When you bought the bond, it had an expected yield to maturity of 9 percent. Today the bond so for $1.520 a. What did you pay for the band? b. If you sold the bond at the end of the year, what would be your one-period return on the investment? Assume that you did not receive any interest payment during the holding period t a. The price you palet for the bond is $. Round to the nearest cent) Clear all Check anwar Question 13 (171) Question 14 (171) a 72" 10:40 PM 2222