Question: please show all work and equations and ill rate thumbs up! thank you! 7. (10 points) Computational Your bank offers you a savings account that

 please show all work and equations and ill rate thumbs up! please show all work and equations and ill rate thumbs up! thank you!

7. (10 points) Computational Your bank offers you a savings account that pays at 1.1% per quarter. a. (5 points) You purchased a 7% coupon bond one year ago for $1,050. You sell the bond today for $990. What was your return? b. (5 points) A stock was priced at $20.62 at the beginning of the year and $22.97 at the end of the year. The company also paid a dividend of $0.15 per share. What was the total return for the year

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