Answer:
18.18%
Explanation:
Income = Coupon amount over the period of holding
Income =($1000*8%)*5
Income =$400
Capital gain/(loss)=Sale price - Purchase price
Capital gain/(loss)=$900 - $1100
Capital gain/(loss)=-$200
Total percentage return=[(Income+Capital gain)/Purchase Price]*100
=[$400+(-$200)]/$1100]*100
=[$200/$1100]*100
=18.18%
Answer:
a building for a storage of goods/merchandise
This is not a good investment and Charles should hold his plan of selling his bicycle Beijing and in China. For example, if Charles sold his bicycle horn for $3.00, this would need a 6.42*3 which is equal to 19.26 Chinese yuan.
the answer is "it buys less"
