Corporate Finance Assignment/ Professional Essay Writers
May 7th, 2020
What is the effective annual rate of return (EAR) for an investor who pays $1,100.47 for a bond with a 6.5% coupon and sells the bond two years later for $1,227.19? Assume that coupons are payable semiannually and reinvested at APR of 6%.
E) 11.3%. Get Finance Help Today