Question 6 36 pts A ten-year government bond makes annual coupon payments of 7% and offers a yield of 3% annually compounded. Suppose that two years later the bond yields 2%. What return has the bondholder earned over the 24-month period? (If you cannot find your answer in the choices below, please choose the choice that is closest to your answer) 11.6% O 12.3% 11.1% 13.2% O 13.7% Previous Next