Mathematics, 03.11.2020 04:50 kiasiab17
Calculating Investment bought Manufacturing Co.'s 5.4 percent coupon bonds one year ago for $1,030. These bonds make annual payments, mature eight years from now, value of $1,000. Suppose you decide to sell your bonds today, when the required return on the bonds is 5.1 percent. If the inflation rate was 2.9 percent over the past year, what would be total real return on investment?
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Calculating Investment bought Manufacturing Co.'s 5.4 percent coupon bonds one year ago for $1,030....
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