One year ago, Carmen purchased 45 semiannual bonds at $987.23 each. The bonds had a 5.25% coupon rate and a 6.75% yield to maturity when she bought them. Today, the bonds are worth $989.83. What was Carmen's total dollar return since she purchased the bonds?
Multiple Choice
$55.10
$2,362.50
$117.00
$3,154.50
$2,479.50
