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You buy an 8-year $1,000 par value bond today that has a 6.30% yield and a 6.30% annual payment coupon. In 1 year promised ylelds

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You buy an 8-year $1,000 par value bond today that has a 6.30% yield and a 6.30% annual payment coupon. In 1 year promised ylelds have risen to 7.30%. Your 1-year holding-period return was Multiple Choice O 0.97% O -5.33% -3.19% 0 1.94%

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