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A 8.1 percent coupon bond with 17 years left to maturity is priced to offer a 6.55 percent yield to maturity. You believe that in
A 8.1 percent coupon bond with 17 years left to maturity is priced to offer a 6.55 percent yield to maturity. You believe that in one year, the yield to maturity will be 7.2 percent. |
What would be the total return of the bond in dollars? (Do not round intermediate calculations. Round your final answer to 2 decimal places.) |
Total return | $ |
What would be the total return of the bond in percentage? (Do not round intermediate calculations. Round your final answer to 2 decimal places.) |
Total return | % |
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