Question: NEED HELP ASAP in 25 mins Two years ago, the price of a bond was $927.00, and one year ago, the price of the bond

NEED HELP ASAP in 25 mins

Two years ago, the price of a bond was $927.00, and one year ago, the price of the bond was $990.00. Over the past year, the bond paid a total of $76.00 in coupon payments, which were just paid. If the bond is currently priced at $961.00, then what was the rate of return for the bond over the past year (from 1 year ago to today)? The par value of the bond is $1,000. 4.75 (plus or minus .02 percentage points) 14.99 (plus or minus .02 percentage points) 4.89 (plus or minus .02 percentage points) 11.97 (plus or minus .02 percentage points) None of the above is within .02 percentage points of the correct

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!

Location Coordinates Deliveries per Day A (10, 15) 3 B (30, 20) 2 (5, 15) 4 Pinkerton Company is investigating which locations would best position its new plant relative to three important customers...

Two years ago, the price of a bond was $927.00, and one year ago, the price of the bond was $985.00. Over the past year, the bond paid a total of $74.00 in coupon payments, which were just paid. If...

Moving to another question will save this response. stion 4 5 points Save Amer Two years ago, the price of a bond was $927.00, and one year ago, the price of the bond was $985.00. Over the past year,...

please solve it in 10 mins I will thumb you up please i have 10 mins fastt Question 18 19 20 Question 18 of 20 5 points Save Answer Two years ago, the price of a bond was $924.00, and one year ago,...

please solve it in 10 mins I will thumb you up. please fast 6 8 9 Moving to another question will save this response. 10 11 12 13 14 15 Question 4 Question 4 of 15 Save Answer 6.6667 points Two years...

please solve it in 10 mins I will thumb you up. please fast 5 6 8 9 Moving to another question will save this response. 10 11 12 13 14 15 Question 4 Question 4 of 15 >> Save Answer 6.6667 points Two...

25 Two years ago, the price of a bond was 929.28 dollars, and one year ago, the price of the bond was 975.35 dollars. Over the past year, the bond paid a total of 65.49 dollars in coupon payments,...

best it 31.000 622 ipius st minus 02 pettetetage peinth) 11.12 (git of minst. 02 pucestaje pesita) Nane of the atove is within, 02 percentsge poits of tee ceeted atswet. Two years ago, the price of a...

HW Help #25 Two years ago, the price of a bond was 1,053.53 dollars, and one year ago, the price of the bond was 1,115.98 dollars. Over the past year, the bond paid a total of 66.72 dollars in coupon...

#25. Two years ago, the price of a bond was 1,075.26 dollars, and one year ago, the price of the bond was 1,123.62 dollars. Over the past year, the bond paid a total of 81.16 dollars in coupon...

What can Sheila do to address the concerns of locals who feel that expatriates pay is excessive, given their own pay?

A hair dryer is basically a duct in which a few layers of electric resistors are placed. A small fan pulls the air in and forces it through the resistors where it is heated. Air enters a 1200-W hair...

5. In the 20th century our balance of trade was positive until the . (LO2) a) 1950s d) 1980s b) 1960s e) 1990s c) 1970s

9. (15 points) A company is considering a new project that requires an investment of \$5 million. The project is expected to generate cash flows of $2 million in year 1,$3 million in year 2, and $4...

2. Review Annas speech on social media movements in this chapter. Into what category does the topic of this speech fall? Which approach or approaches (description, demonstration, definition, or...

5. Think of a topic that you find excruciatingly dull (for example, balancing your checkbook, studying for a required course you dont like, or taking a summer or part-time job doing something utterly...

6. Imagine a process you do every day, such as driving a car. Think about how you would explain the process to someone whos never done it or even seen it done before. Consider different ways you...