One Year Ago, You Purchased a 6 Percent Coupon Bond

question 17

Multiple Choice

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

---

Definitions:

Accrued Liabilities

Expenses that have been incurred but not yet paid, reflected on a company's balance sheet.