If you used MS Excel to arrive at your answers, then you must provide an explanation of your methodology. A stock that does not pay a dividend of which you buy 100 shares for $25.00 per share and sell the 100 shares for $27.50 per share a year later. You pay the $50.00 commission when you sell the securities. A 5-year bond that you purchase for $1,000 pays a 6% yearly rate. It is paid semiannually, and you hold the bond until maturity. The current yield on a bond that is priced at $89 has a 6% coupon. The yield-to-maturity (YTM) on a 7.25% ($1,000 par value) bond that has 10 years remaining to maturity, currently trading in the market at $825. The holding period return (HPR) for 1,000 shares of a no-load mutual fund currently selling at an NAV of $11, purchased a year ago at an NAV of $10.50 per share, including $300 of distributed investment income dividends and capital gains dividends of $350.
This question was answered on: May 23, 2022
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