You purchase a 9-year bond at $94 per $100 par value that pays a 6.2% coupon per annum. Further assume that bond pays coupon semi-annually, and coupons can be reinvested at 4.3% semi-annually for first 5 years. The yield to maturity of the bond after 5-years is comparable to a bond with yield of 5%. If you hold the bond for 5 years, what will be your total return?

Please round the answer the answer in four decimal places and NOT PERCENTAGE.

Path:p QUESTION 17 You purchase a 9-year bond at $94 per $100 par value that pays a 6.2% coupon per wwwm. Further ensure that bond anys coupon only, and couporn canton reinvested at 4.3% semi-annually for first 5 years. The yleld to maturity of the bond after 5-years in comparable to a bond with yield of you hold the bond to what will be your total return? Please round the answer the answer in four decimal places and NOT PERCENTAGE UESTION 18 II! . How did you compute answer in previous question? TT TT Paragraph Arial 3 (12pt) * DOO T' T. O fx Mashups - ck Save and Submit to save and submit. Click Save All Answers to save all answers. MacBook Pro