Question 1 1 points Save Answer Today Mike wants to buy a 10-year, coupon bond and he will hold for only one year. The band's yield today is 7.5 Next year Mike expects that one of two outcomes will happen: 1) bond yield goes up to 8.5% with probability 03 30% that is) or 2) bond yield goes down to 7% with probability 0.7(70%, that is Find Mike's rate of return if the bond yield in one year is 74 A 7.74% B. 17.02 C. 7.92% D.7.29% E. 10.27 F. 7.45 6.9.84% H.10.72 9.48