Assume my General Eleectric bond cost me $1000 in 2008 and is now worth 0. If the bond paid a 5% coupon rate($50/year), what is my total rate of return?
15%
10%
5%
+5%
Assume my General Eleectric bond cost me $1000 in 2008 and is now worth 0. If the bond paid a 5% coupon rate($50/year), what is my total rate of return?
15%
10%
5%
+5%
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