单选题
A bond that pays $ 100 in interest each year was purchased at the
beginning of the year for $1050 and sold at the end of the year for $1100. An
investor's holding period return is:
A. 14.3%.
B. 10.0%.
C. 10.5%.
【正确答案】
A
【答案解析】Input into your calculator:
N=1, FV =1100, PMT =100, PV= -1050, CPT I/Y =14.29.