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A 6.25% semi annual coupon bond with 22 years left to maturity is priced to offer a 5.5% yield to maturity. You believe that in
A 6.25% semi annual coupon bond with 22 years left to maturity is priced to offer a 5.5% yield to maturity. You believe that in one year, the yield to maturity will be 6%. If this occurs please compute your total return of the bond in dollars and in percent for this one year holding period. Assume a $1000 face value
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