Question
A 6.70 percent coupon bond with 24 years left to maturity is priced to offer a 5.8 percent yield to maturity. You believe that in
A 6.70 percent coupon bond with 24 years left to maturity is priced to offer a 5.8 percent yield to maturity. You believe that in one year, the yield to maturity will be 6.3 percent. |
What would be the total return of the bond in dollars? (Negative amount should be indicated by a minus sign. Do not round intermediate calculations and round your final answer to 2 decimal places.) |
Total return | $ |
What would be the total return of the bond in percent? (Negative answer should be indicated by a minus sign. Do not round intermediate calculations and round your final answer to 2 decimal places.) |
Total return |
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