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One year ago, an investor purchased a 10-year 8 aval coupon bondat par of $1.000. Today (with years to maturity the bond is priced to

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One year ago, an investor purchased a 10-year 8 aval coupon bondat par of $1.000. Today (with years to maturity the bond is priced to yield 7.15%. If the bond is sold, what is the total return to the investor interest plus appreciation for the 1-year holding period Hint: The total return includes the couporte plus the appreciation for depreciation due to the change in rates. Therefore, calculate the current price based on the yield, and then calculate the total return over 1 year based on that price and the coupon payment

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