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dragonfly1
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calculating returns:
suppose you bought a 7 percent coupon bond one year ago for $893. the bond sells for $918 today.
a. assuming a $1000 face value, what was your total dollar return on this investment over the past year.
b.what was your total nominal rate of return on this investment over the past yr.
c.if inflation rate last year was 4 percent, what was your total real rate of return on this investment?
can someone help solve this problem
suppose you bought a 7 percent coupon bond one year ago for $893. the bond sells for $918 today.
a. assuming a $1000 face value, what was your total dollar return on this investment over the past year.
b.what was your total nominal rate of return on this investment over the past yr.
c.if inflation rate last year was 4 percent, what was your total real rate of return on this investment?
can someone help solve this problem