The bond sells for 933 today assuming a 1000 face value


Suppose you bought a bond with an annual coupon of 8 percent one year ago for $968. The bond sells for $933 today. Assuming a $1000 face value, what was your total dollar return on this investment over the past year?

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Finance Basics: The bond sells for 933 today assuming a 1000 face value
Reference No:- TGS02374621

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