On January 2020 you buy a 10-year coupon bond with coupon payments of $10,000 per year and a nal value of $100,000. The yield to maturity of this bond is 10 percent. On January 2021 you collect your rst coupon and sell the bond in the bond market. On January 2021 the yield to maturity of this bond decreases to 8 percent. Therefore, your one-year holding period rate of return equals 22-49 percent, consisting of percent current yield and 12-49 percent capital gain rate