Response to the following questions:
1. An investor buys a bond for $10 000. The bond pays $300 interest every six months. After 18 months, the investor sells the bond for $9500. Describe the types of income and/or loss the investor had.
2. Assuming you purchased a share for $50 one year ago, sold it today for $60, and during the year received three dividend payments totalling $2.70, calculate the following
a. Income
b. Capital gain (or loss)
c. Total return:
i. In dollars
ii. As a percentage of the initial investment.