Today stock dz is trading at 9020 and bond dz is worth 9900


Exactly one year ago, you purchased Stock Dz for $82.00 and bond Dz (a 22 year, 10% annual coupon bond) for 98.75. During the year Stock Dz paid a $4.10 dividend. Today, Stock Dz is trading at $90.20 and Bond Dz is worth 99.00. Which investment had the higher annual rate of return?

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Financial Management: Today stock dz is trading at 9020 and bond dz is worth 9900
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