### Compute the annual return you realized from this bond

Assignment Help Accounting Basics
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Suppose you bought a \$1,000 par bond, 7% annual coupon payment with 5 years maturity when the market interest rate is 8%. After 1 year and immediately after you received the coupon payment you decided to sell the bond when the market interest rate is 9%. Compute the annual return you realized from this bond.

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### Reviews

#### len1248364

10/19/2016 5:30:44 AM

Hi above is the question to be answered in English it's a tricky question I would like to have it in a word document with all the steps included thanks.