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(Ref. Unit 9 Exercise 2) Consider a coupon bond with a par value of $1,000 and an annual coupon rate of 4%. The current price

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(Ref. Unit 9 Exercise 2) Consider a coupon bond with a par value of $1,000 and an annual coupon rate of 4%. The current price of the bond is $950. The bond pays coupons annually. If the bond price becomes $972 one year later, what will be the return on the bond for a period between now and one year later? Note: Write your answer in decimal ( 3 or more decimal places). For example, write 0.2544 instead of 25.44%

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