Question: a . ) An 8 % , 5 - year bond yields 6 % . If this yield to maturity remains unchanged, what will be

a.) An 8%,5- year bond yields 6%. If this yield to maturity remains unchanged, what will be its price one year hence? Assume annual coupon payments and face value of $1000.
b.) What is the total return to an investor who held the bond over this year?

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