**
Fill This Form To Receive Instant Help**

Homework answers / question archive / You bought one of Great White Shark Repellant Co's 8

You bought one of Great White Shark Repellant Co's 8.6 percent coupon bonds one year ago for $1,046. These bonds make annual payments and mature 15 years from now. Suppose you decide to sell your bonds today, when the required return on the bonds is 8 percent. The bonds have a par value of $1,000 If the inflation rate was 3 percent over the past year, what was your total real return on investment? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Total real return

Already member? Sign In