Business, 20.11.2020 14:00 juicyx39

A bond had a price of $946.72 at the beginning of the year and a price of $983.73 at the end of the year. The bond's par value is $1,000 and its coupon rate is 6.1 percent. What was the percentage return on the bond for the year? a) 11.04%
b) 6.20%
c) 3.76%
d) 10.35%
e) 9.06%

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A bond had a price of $946.72 at the beginning of the year and a price of $983.73 at the end of the...

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