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Question 3 0 / 6.67 pts Today you purchase a 9-year bond at a YTM of 10%. The bond pays coupons annually and has a
Question 3 0 / 6.67 pts Today you purchase a 9-year bond at a YTM of 10%. The bond pays coupons annually and has a coupon rate of 9%. What is your 1-year rate of return if you sell the bond 1-year from now at a YTM of 15%. Input your answer in decimals, not percent. Answer to 4 decimal places, for example 0.1234. You Answered -0.1662 Correct Answer -0.1291 margin of error +/- 0.5%
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