The bond sells for 1074 today assuming a 1000 face value
Suppose you bought an 8% coupon bond one year ago for $1,200. The bond sells for $1,074 today. Assuming a $1,000 face value, what was your total rate of return on this investment over the past year?
Now Priced at $10 (50% Discount)
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suppose you bought an 8 coupon bond one year ago for 1200 the bond sells for 1074 today assuming a 1000 face value what
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