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A coupon bond of 8 . 6 percent with 1 7 years left to maturity is priced to offer a 6 . 8 0 percent
A coupon bond of percent with years left to maturity is priced to offer a percent yield to maturity. You believe that in one year, the yield to maturity will be percent. Assume interest payments are semiannual.
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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