You just bought a bond of six flags at the price of 980 the


Question: You just bought a bond of Six Flags at the price of $980. The bond has a face value of $1000, which is the amount of money you will get paid when the bond matures in six months. You will also be paid $30 coupon payment right before the maturity date. What is the holding period return rate (HPR) if you hold it for the next six months? What is the annual percentage rate (APR) of your investment?

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Finance Basics: You just bought a bond of six flags at the price of 980 the
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