Two years ago, the price of a bond was $931.00, and one year ago, the price of the bond was $974.00. Over the past year,

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

Two years ago, the price of a bond was $931.00, and one year ago, the price of the bond was $974.00. Over the past year,

Post by answerhappygod »

Two Years Ago The Price Of A Bond Was 931 00 And One Year Ago The Price Of The Bond Was 974 00 Over The Past Year 1
Two Years Ago The Price Of A Bond Was 931 00 And One Year Ago The Price Of The Bond Was 974 00 Over The Past Year 1 (31.23 KiB) Viewed 31 times
Two years ago, the price of a bond was $931.00, and one year ago, the price of the bond was $974.00. Over the past year, the bond paid a total of $65.00 in coupon payments, which were just paid. If the bond is currently priced at $950.00, 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. O 4.32 (plus or minus .02 percentage points) 12.11 (plus or minus .02 percentage points) 4.21 (plus or minus .02 percentage points) 11.60 (plus or minus .02 percentage points) None of the above is within .02 percentage points of the correct answer
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Post Reply