You just purchased a 20 year, 7 percent coupon bond at par. Six months later, the YTM on the bond was 9.5 percent.

a) Compute the price of the bond at the end of the 6 month period

b) What was the capital gain or loss on the bond at the end of the 6 month period (in percent).

c) What interest income was derived from the bond at the end of the 6 month period

d) What was your total return over the 6 month period.