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QUESTION 21 Suppose you purchased an 8-year 6% coupon bond with par $1,000 today. The yield to maturity is 10% today. If the yield falls

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QUESTION 21 Suppose you purchased an 8-year 6% coupon bond with par $1,000 today. The yield to maturity is 10% today. If the yield falls to 9.4% after one year, what's your holding-period return for this year?" a.5.66% b. 13.29% c. 11.18% d. 3.56% QUESTION 22 "A semi-annual 12% coupon bond with par $1,000 is callable in five years. The call price is $1240. If the bond is selling today for $1,100, what is the yield to call?" a. 6.40% b.9.44% c. 12.80% d. 15.28%

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