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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.

Posted: Sun Jun 05, 2022 7:34 am
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%