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A 9.2 percent coupon bond with 14 years left to maturity is priced to offer a 7.10 percent yield to maturity. You believe that in
A 9.2 percent coupon bond with 14 years left to maturity is priced to offer a 7.10 percent yield to maturity. You believe that in one year, the yield to maturity will be 8.0 percent.
What would be the total return of the bond in dollars? (Do not round intermediate calculations and round your final answer to 2 decimal places)
What would be the total return of the bond percentage? (Do not round intermediate calculations and round your final answer to 2 decimal places)
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