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Suppose you purchased an 8-year 6% coupon bond with par $1,000 today. The yield to maturity is 10% today. If the yield falls to 8.6%

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"Suppose you purchased an 8-year 6% coupon bond with par $1,000 today. The yield to maturity is 10% today. If the yield falls to 8.6% after one year, what's your holding- period return for this year?" a. 10.27% b. 17.90% c. 8.56% d. 16.19% QUESTION 22 "A semi-annual 12% coupon bond with par $1,000 is callable in five years. The call price is $1300. If the bond is selling today for $1,100, what is the yield to call?" a. 6.78% b. 17.04% c. 9.44% O d. 13.57%

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