QUESTION
43. One year ago, you purchased a 6 percent coupon bond with a face value of $1,000 when it was selling for 101.2 percen
Category: Business
Subject: Finance
Due Date: 02/01/2016
Question Asked: 2016-02-01 10:53:18
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43. One year ago, you
purchased a 6 percent coupon bond with a face value of $1,000 when it was
selling for 101.2 percent of par. Today, you sold this bond for 99.8 percent of
par. What is your total dollar return on this investment?
A. $46
B. $60
C. $67
D. $74
E. $82
AVAILABLE ANSWERS
43. One year ago, you purchased a 6 percent coupon bond with a face value of $1,000 when it was selling for 101.2 percen
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Posted on 2016-02-01 10:53:18
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...rcent of par. Today, you sold this bond for 99.8 percen...
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