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Bartlett's 5% coupon bonds make semi-annual coupon payments and mature in 14 years. An investor buys one of these bonds for par value today. She
Bartlett's 5% coupon bonds make semi-annual coupon payments and mature in 14 years. An investor buys one of these bonds for par value today. She holds the bond for 6 months, collects the coupon payment, and then sells the bond immediately therafter. If the bond's yield-to-maturity is 6.5% when the investor sells the bond, what is her percentage return (not annualized) over this 6-month holding period? Enter your answer as a decimal and show 4 decimal placesFor example, if your answer is 6.25%, enter .0625 .
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