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You just bought a bond for $876. The coupon rate is 4%, the face value is $1,000, and the maturity is 30 years. Compute the
You just bought a bond for $876. The coupon rate is 4%, the face value is $1,000, and the maturity is 30 years. Compute the rate of return if you sell the bond in exactly one year after collecting the coupon. Assume that the YTM in 1 year will be 5%. Please enter your answer as \%. For ex ver is 2.34%, please enter 2.34 Round to two decimal places
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