Here is the question:

16. Prof. Sure Lock Homes is considering buying a 6% coupon bond paying interest semi-annually, which currently sells for $1,038.46. The bond has 14 years remaining to maturity. He is expecting to hold the bond for four years and sell it at the end of year 4. During the holding period, the coupon interest can be reinvested at a 4% quoted (nominal) interest rate. If the yield to maturity for similar risk bonds is expected to be 6% four years from now, what is Prof. Homes' expected annualized rate of return? and 10 baiupsenuf vtling alozan boisdmuonsag ? yangrace sib yoyo squares subcolt loumag By