Suppose you bought an 8% coupon bond one year ago for $1,090. The bond sells for $1,063 today.

Suppose you bought an 8% coupon bond one year ago for $1,090. The bond sells for $1,063 today.* Assuming a $1,000 face value, what was your total dollar return on this investment over the past year?* What was your total nominal rate of return on this investment over the past year?* If the inflation rate last year was 3%, what was your total real rate of return on this investment? (show work please)

"Get 15% discount on your first 3 orders with us"
Use the following coupon
"FIRST15"

Order Now