You buy a bond today at face value for $1,000 with a 5.1% coupon interest payment. The bond matures in 9 years. One year
Posted: Thu Dec 23, 2021 9:14 am
You buy a bond today at face value for $1,000 with a 5.1%
coupon interest payment. The bond matures in 9 years.
One year from now, you sell your bond when interest rates
are 8.6%. What is your rate of return?
coupon interest payment. The bond matures in 9 years.
One year from now, you sell your bond when interest rates
are 8.6%. What is your rate of return?