2. Suppose you invested in a bond three years ago. You bought the bond at $965 and today the price of the bond is $1047.

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899603
Joined: Mon Aug 02, 2021 8:13 am

2. Suppose you invested in a bond three years ago. You bought the bond at $965 and today the price of the bond is $1047.

Post by answerhappygod »

2. Suppose you invested in a bond three years ago. You bought
the bond at $965 and today the price of the bond is $1047.75. You
just calculated that your HPR on the bond is 35%. Given this and a
face value of $1,000, what is the coupon rate of the bond? a. 4.9%
b. 6.2% c. 8.5% d. 10.6%
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Top
Post Reply

Return to “Archived Questions & Answers”