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cost of bond: $1,000 Last year, you purchased a bond that had 18 years to maturity and a coupon rate of 10% at a YTM

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cost of bond: $1,000
Last year, you purchased a bond that had 18 years to maturity and a coupon rate of 10% at a YTM of 7% One year later you sell the bond at a YTM of 6% What was your one year rate of return on this investment? Enter your answer in decimals (not percent) and round your answer to 4 decimal places. For example, 0.1234

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