2023 Suppose You Bought A 7 Percent Coupon Bond One Year Ago For 860 The Bond Sells For 890

2023 Suppose you bought a 7 percent coupon bond one year ago for 860 The bond sells for 890 | Assignments Online

Assignments Online 2023 Business & Finance

Suppose you bought a 7 percent coupon bond one year ago for $860. The bond sells for $890 today.a. Assuming a $1,000 face value, what was your total dollar return on this investment over the past year? Total dollar return $ b. What was your total nominal rate of return on this investment over the past year? (Round your answer to 2 decimal places. (e.g., 32.16)) Nominal rate of return % c. If the inflation rate last year was 1.5 percent, what was your total real rate of return on this investment? (Round your answer to 2 decimal places. (e.g., 32.16)) Real rate of return %

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