If you sold the bond today what rate of return would you


Six years ago you bought a bond for $1,036. The bond had 15 years until maturity, a coupon rate of 11% with semiannual payments, and a face value of $1000. Today the bond is worth $982. If you sold the bond today, what rate of return would you have earned on your investment?

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Finance Basics: If you sold the bond today what rate of return would you
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