You purchased a bond for $1,000. At the end of a year, the bond paid interest of $90. You sold the bond for $950 after receiving the interest payment.
-Refer to the information above. What was your capital gains yield? Round your answer to the nearest tenth of a percent.
A) 9.5%
B) -0.1%
C) -5.0%
D) 5.3%
Correct Answer:
Verified
Q1: You purchased a share of stock for
Q3: One hundred basis points equal
A)1%
B)10%
C)100%
D)$1
Q4: If a bond trader indicates that the
Q5: What are the four assumptions that define
Q6: Which of the following statements is true?
A)All
Q7: You purchased a share of stock for
Q8: Suppose you deposit $1,000 today in an
Q9: The Federal Reserve announced that it would
Q10: You purchased a bond for $1,000. At
Q11: Which of the following is a necessary
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents