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River bought a 7.5% bond price at 95% of par that had 14 years until it matures. 1 year later the yield to maturity on

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River bought a 7.5% bond price at 95% of par that had 14 years until it matures. 1 year later the yield to maturity on this bond is 7.8%. What return did she earn on this bond? 8.63%5.63%10.63%14.63%9.63% Page 1 of 8 River bought a 7.5% bond price at 95% of par that had 14 years until it matures. 1 year later the yield to maturity on this bond is 7.8%. What return did she earn on this bond? 8.63%5.63%10.63%14.63%9.63% Page 1 of 8

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