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Unformatted text preview: turity, but at the end of the 10th year, the company goes bankrupt and you do not receive the par value of the bond back at the end of the 10th year. What is your overall rate of return on your investment of the bond? Year 0 = ‐$550.59 Year 1 = $80 Year 2 = $80 Year 3 = $80 Year 4 = $80 Year 5 = $80 Year 6 = $80 Year 7 = $80 Year 8 = $80 Year 9 = $80 Year 10 = $80 IRR = 7.44% 4. Stock Quotes. What is the most expensive publically traded stock in the United Stat...
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