You bought a coupon bond with $1,000 par value and 5% annual coupon rate. You paid...

 

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You bought a coupon bond with $1,000 par value and 5% annual coupon rate. You paid $1,050 for the bond. One year later, you sold the bond for $1,090. What is your rate of return in percentage? Round you answer to 2 decimal places. You bought a coupon bond with $1,000 par value and 5% annual coupon rate. You paid $1,050 for the bond. One year later, you sold the bond for $1,090. What is your rate of return in percentage? Round you answer to 2 decimal places.

Answer rating: 100% (QA)

To calculate the rate of return we need to consider both t... View the full answer