Assuming a 1000 face value what was your total dollar, Finance Basics

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Assuming a 1000 face value what was your total dollar

Suppose you bought a 6 percent coupon bond one year ago for $920. The bond sells for $940 Today.

A. Assuming a $1,000 face value, what was your total dollar return on this investment over the past year?
B. What was your total nominal rate of return on this investment over the past year?
C. If the inflation rate last year was 3 percent, what was your total real rate of return on this investment?

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Finance Basics: Assuming a 1000 face value what was your total dollar

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Finance Basics: Assuming a 1000 face value what was your total dollar

Reference No:- TGS0619875

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Request for Solution File

Ask an Expert for Answer!!

Finance Basics: Assuming a 1000 face value what was your total dollar

Reference No:- TGS0619875

Recent Questions Asked Finance Basics

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