Question: A 5 percent coupon bond ( par value = $ 1 , 0 0 0 ) with ten years left to maturity is priced to

A 5 percent coupon bond (par value=$1,000) with ten years left to maturity is priced to offer a 6.8 percent yield to maturity now. You believe that one year later, the yield to maturity will be 6.2 percent. Assume coupon payments are semiannual.
What will be the total rate of return of the bond during this year? (Please express the values as percentages and keep two digits after the decimal point e.g,1.23%. Note: if your answer is 1.23%, please just enter 1.23 in the blank below.)
Chat: 11.17%

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