You bought one of Shark Repellent 6 percent coupon bonds one year ago for $867. These bonds pay annual payments, have a face value of $1,000, and mature 12 years from now. Suppose you decide to sell your bonds today when the required return on the bonds is 7.4 percent. The inflation rate over the past year was 2.9 percent. What was your total real return on this investment
+2
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “You bought one of Shark Repellent 6 percent coupon bonds one year ago for $867. These bonds pay annual payments, have a face value of ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Home » Business » You bought one of Shark Repellent 6 percent coupon bonds one year ago for $867. These bonds pay annual payments, have a face value of $1,000, and mature 12 years from now.