problem1: You buy a bond at 940 with a coupon of 8 percent. Five years later you sell it for 970. Determine internal rate of return?
problem2. You buy a 30 year zero coupon bonds when interest rates were 7 percent. Three years later you sell it when interest rates were 8%. Determine your internal rate of return?
problem3. You buy a bond at 900 with a current yield of 8 percent. Four years later you sell it for 990. Determine internal rate of return?