A bond has a face value of $20000 and pays an annual coupon rate of 5.3%. The bond is selling for $19750 now and is expected to be sold for $20420 one year from now. What is the bond's expected rate of return? Answer:

A bond has a face value of $20000 and pays an annual coupon rate of 5.3%. The bond is selling for $19750 now and is expected to be sold for $20420 one year from now. What is the bond's expected rate of return