Question: Moving to another question will save this response Question 33 34 Question 33 2 points San Antwer You purchase a 9-year bond at $94 per
Moving to another question will save this response Question 33 34 Question 33 2 points San Antwer You purchase a 9-year bond at $94 per $100 par value that pays a 7.7% coupon per annum. Further assume that bond pays coupon semi-annually and coupons can be reinvested at 3.5% semi-annually for first 5 years. The yield to maturity of a (9-5)-years comparable bond after 5 years is 7%. If you hold the bond for 5 years, what will be your total return? Please write the answer in four decimal places and NOT PERCENTAGE. Please note that in above question you have to take years in bracketos a one number. For instance (5-6 years means 2 years
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