Question
A coupon bond of 7.6 percent with 10 years left to maturity is priced to offer a 6.30 percent yield to maturity. You believe that
A coupon bond of 7.6 percent with 10 years left to maturity is priced to offer a 6.30 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?
what would be the total return of the bond in percentage?
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Personal Finance
Authors: Jack Kapoor
6th Edition
0072350849, 9780072350845
