You buy a bond todsy. The bond has a face valoe of 51000 , will mature in 10 years, and pays coupon on an annual basis. The coupon rate is 89 , and the YTM is 10%. Assume that every time you recelve a coupon you reinvest it. The annual reimestment rate at the end of year 1 is equal to the YTM. A becomes 6x at the end of year 2 and 7% at the end of year 3. During year 4, the compeny starts to face financial distress, and becomes bankrupt. At the end of yeat 4 , from the lipuidation you sre able to obetain 40x of the face value of the bend tut no year 4 coupon. What is your 4 year hoiding period roturn fiom tha investenent? ughoud a responee file (isMB mas) the YTM is 10\%. Assume thet every time you recuive a coupon you feirwest it. The annial tuinwesuners tate at the end of year 1 is uqual to the vTM. it the end of year 4 , from the hiquidation you are able to obtain 40 sis of the face value of the bond bia no yeac 4 covpon. What in yout 4 yeor holdire period return from this investment? upload a response fle (15MB max)