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Question 2 2 pts Last year, you purchased a bond that had 17 years to maturity and a coupon rate of 15% at a YTM
Question 2 2 pts Last year, you purchased a bond that had 17 years to maturity and a coupon rate of 15% at a YTM of 8%. One year later you sell the bond at a YTM of 11%. 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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