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11. Consider a 10-year coupon bond with 10% annual coupons. The current YTM is 7%. Suppose you buy the bond today and sell it in

11. Consider a 10-year coupon bond with 10% annual coupons. The current YTM is 7%. Suppose you buy the bond today and sell it in three years right after receiving the third coupon. What is the rate of return from this investment if the YTM increases from 7% to 9% after three years? A 7% B. C. D. >9% E. Between 7% and 9% 9%

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