You Purchased a 6% Annual Coupon Bond at Face Value

question 62

Multiple Choice

You purchased a 6% annual coupon bond at face value and sold it one year later for $1,015.16.What was your rate of return on this investment if the face value at maturity was $1,000?

• A) 4.48%
• B) 6.15%
• C) 7.52%
• D) 6.07%

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Definitions:

Marketing Research

A systematic, objective process of getting information about potential customers to guide marketing decisions.