Rita Jacob Purchased a Corporate Bond at $650 a Year

question 66

Short Answer

Rita Jacob purchased a corporate bond at $650 a year ago.The price of the bond has now increased to $665.
A)What is Rita's capital gains yield from this investment?
B)If her investment return is 7 percent,what coupon payment must she have received?

• A)What is Rita's capital gains yield from this investment?
• B)If her investment return is 7 percent,what coupon payment must she have received?

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