Question: 1 point A 8 % coupon bond has a par value of $ 1 , 0 0 0 and a yield - to - maturity

1 point
A 8% coupon bond has a par value of $1,000 and a yield-to-maturity of 8%. You
purchase the bond when it has exactly 15 years remaining until maturity. You hold
the bond for 6 months, collect the coupon payment, and then sell the bond
immediately. If the bond's yield-to-maturity is 5% when you sell it, what is your
percentage return over this 6-month holding period? DO NOT annualize your
answer. Enter vour answer as a decimal and show 4 decimal places. For example, if
1 point A 8% coupon bond has a par value of

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