Bond Rate of Return Assignment
February 18th, 2020
(a) An investor purchases a bond for 9600 dollars. It has a face value (PAR) of 10,000. The investor holds it for 3 years. It yields a quarterly dividend. The rate of return on investment needs to be 12% annual. The selling price is assumed to be 12,500. What must be the bond rate of return to accomplish this? You must show your equations and input parameters. Get Finance homework help today