Assume an investor purchased a fixed-coupon bond at a time when the bond's yield to maturity was 6.9%. Further assume the investor sold the bond prior to maturity and realized a total return of 7.1%. Which of these most likely occurred while the investor owned the bond?

A "convertible bond" provides the option to convert:

The holder of which one of these securities has first claim on the assets of a firm?

You purchased a 6% annual coupon bond at par and sold it one year later for $1,015.16. What was your rate of return on this investment if the face value at maturity was $1,000?

Which one of the following bond values will change when interest rates change?

The coupon rate of a bond equals:

What is the total return to an investor who buys a bond for $1,100 when the bond has a 9% coupon and 5 years until maturity, then sells the bond after 1 year for $1,085?

When market interest rates exceed a bond's coupon rate, the bond will:

What is the relationship between a bondholder's rate of return and the bond's yield to maturity if they do not hold the bond until it matures?

An investor buys a 5-year $1,000, 9% coupon bond for $975, holds it for 1 year, and then sells the bond for $985. What was the investor's rate of return?