What is your current yield on the bond

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You purchased a $3000 face/ par value bond for $2845.37 last year. The bond has a coupon rate of 6% and matures in three years. You received a yearly coupon payment last month. The bind currentry sells for $ 2791.74 in the market. (round 2 decimal places)

1.  What is your current yield on the bond?

2. if you sell the bond today for $2835.21, what is your capital gain/loss rate on the investment?

3. If you sell the bind for $2767, what is your total rate of return on this investment?

Reference no: EM131558874

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