You buy a bond today at face value for $1,000 with a 5.9% coupon interest payment. The bond matures in 8 years. One year
Posted: Thu Dec 23, 2021 9:10 am
You buy a bond today at face value for $1,000 with a 5.9% coupon interest payment. The bond matures in 8 years.
One year from now, you sell your bond when interest rates are 8.9%. What is your rate of return?
One year from now, you sell your bond when interest rates are 8.9%. What is your rate of return?