Solve using excel A bond was originally bought at a price of $985 dollars is now sold for $1000. |
The investor realized a holding period rate of return of 5%. |
1. What was total amount of the bond's coupon payments received during bond ownership? |
2. How many coupon payments did the bond investor receive? |
A. 1 |
B. 2 |
C. 3 |
D. You cannot tell with the info given |
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