2) Total Returns (R) Return (R) = Yield (Y) + Price Change (AP) In Dollar (U.S.S): Return (R)= CF + Price Change (AP) R=CF +P - P. In Percent (%): . . R-CF+(R - B) _CF, +P, - Pai P. P. R can either be positive or negative Example 1: An 8% coupon bond was purchased one year ago for $924 and sells currently for $1,013. a) Calculate the return in U.S. Dollars for the one year period. b) Calculate the return in percent for the one year period