Question: ou buy a ( n ) 1 0 . 3 % coupon, 1 7 - year maturity bond for $ 7 5 9 . 1

ou buy a(n)10.3% coupon, 17-year maturity bond for $759.12. A year later, the bond price is $934.34.
a.
What is the new yield to maturity on the bond?

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