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the 7.4% fifteen-year bond yields 5.4% Chec 3 a. The 7.4% fifteen year bond yields 5.4%. If this yield to maturity remains unchanged, what will

the 7.4% fifteen-year bond yields 5.4%
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Chec 3 a. The 7.4% fifteen year bond yields 5.4%. If this yield to maturity remains unchanged, what will be its price one year hence? Assume annual coupon payments and a face value of $1,000. (Do not round intermediate calculations. Round your answer to 2 decimal places.) ht Price Skipped Book erences b. What is the total return to an investor who held the bond over this year? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) Total return %

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