Question: Please answer the following Question,, QUESTION 1 Two years ago, the price of a bond was $926.00, and one year ago, the price of the

Please answer the following Question,,

QUESTION 1

Two years ago, the price of a bond was $926.00, and one year ago, the price of the bond was $984.00. Over the past year, the bond paid a total of $68.00 in coupon payments, which were just paid. If the bond is currently priced at $957.00, then what was the rate of return for the bond over the past year (from 1 year ago to today)? The par value of the bond is $1,000.

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