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19. One year ago, you purchased a semi-annual interest coupon bond at par value, which was $1000, and current yield one year ago was 10%.
19. One year ago, you purchased a semi-annual interest coupon bond at par value, which was $1000, and current yield one year ago was 10%. The bond had 5 years remaining to maturity when you bought it. If you sold the bond after one year and the yield to maturity is 8% when you sold the bond, Aour annual total rate of return on holding the bond for that year would have been B. 6.73%. C. 10.00% D. 16.73% E. 11.73%
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