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Question 3 1 pts Last year, you purchased a bond that had 10 years to maturity and a coupon rate of 7% when interest rates
Question 3 1 pts Last year, you purchased a bond that had 10 years to maturity and a coupon rate of 7% when interest rates were 9%. One year later you sell the bond when interest rates are 13%. What is your percentage capital gain on this investment? Enter your answer in decimals (not percent) and round your answer to 4 decimal places. For example, 0.1234 Question 4 1 pts Today, you buy a 12 year, 10% coupon bond for $980. One year later, you sell the bond when rates are 11%. What is your 1 year rate of return on this investment? Answer to 4 decimal places, for example 0.1043
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