Corporate FInace Assignment/ Professional Essay Writers
A bond par value is $2,000 and the coupon rate is 6 percent. The bond price was $1,946.61 at the beginning of the year and $1,982.79 at the end of the year. The inflation rate for the year was 2.4 percent. What was the bond’s real return for the year?
e. 4.80%. Get Finance Help Today