Question: Instructions help Seve & Exit 11 Submit Question 18 (of 50) Time remaining: 137:00 8. value 2.00 points MC Qu. 45 You purchased a.. You

 Instructions help Seve & Exit 11 Submit Question 18 (of 50)

Instructions help Seve & Exit 11 Submit Question 18 (of 50) Time remaining: 137:00 8. value 2.00 points MC Qu. 45 You purchased a.. You purchased five year annual payment 6 percent coupon bond for $1,000 and you planned on holding it to maturity However, nght after you bought the bond, it was called at $1,043 29 when all interest rates fell to 5 percent and remained there for the full tive years You reinvested the money for the full five years what was your annual compound rate of return off your original investment? O 600 percent O 523 percent O 575 percent O 5.00 percent O 5.89 percent Multiple Choice MC Qu. 45 You prchased O Type here to search

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