Question: a . The 8 . 1 % , twenty - year bond yields 6 . 1 % . If this yield to maturity remains unchanged,
a The twentyyear bond yields If this yield to maturity remains unchanged, what will be its price one year hence?
Assume annual coupon payments and a face value of $
Note: Do not round intermediate calculations. Round your answer to decimal places.
b What is the total return to an investor who held the bond over this year?
Note: Do not round intermediate calculations. Enter your answer as a percent rounded to decimal places.
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