CH 13 QUIZ 56

CH  13   QUIZ   56
You have invested $1,000 in a 12% coupon bond that matures in three years. You are investing the interest income in a fund earning 8%.
At the end of three years, what will be your portfolio sum?
A. $1,120.00
B. $1,249.60
C. $1,360.00
D. $1,389.57
E. $1,540.73

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