On december 1 2004 you paid 950 for a 1000 par 6 semiannual, Financial Management

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On december 1 2004 you paid 950 for a 1000 par 6 semiannual

On December 1, 2004, you paid $950 for a $1,000 par, 6% semiannual coupon bond. You sold the bond on December 5, 2005, for $980. The total monetary return, including both interest and capital gains, from holding this bond is closest to...? Please show steps.

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Financial Management: On december 1 2004 you paid 950 for a 1000 par 6 semiannual

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Financial Management: On december 1 2004 you paid 950 for a 1000 par 6 semiannual

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