Hi Please Help Me To Figure Out This Question Thank You!Assume An Investor Purchased A
Hi please help me to figure out this question. thank you!
Assume an investor purchased a
fixed-coupon bond at a time when the bond’s yield to maturity was 6.9%. Further assume the investor sold the bond prior to maturity and realized a total return of 7.1%. Which of these most likely occurred while the investor owned the bond?