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Two years ago, the price of a bond was $1.169.41, and one year ago, the price of the bond was 51.156.78. Over the past year,

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Two years ago, the price of a bond was $1.169.41, and one year ago, the price of the bond was 51.156.78. Over the past year, the bond paid a total of 586.30 in coupon payments. which were just paid. If the bond is currently priced at $1.183.66 then what was the rate of return for the bond over the past year (from 1 year ago to today? The par value of the bond is $1,000 a. 6.30% (plus or minus .02 percentage points) b. 8.59% (plus or minus .02 percentage points) C. 9.78% (plus or minus.o2 percentage points) d. 5.14% (plus or minus.o2 percentage points) e. None of the other alternatives is within.02 percentage points of the correct

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