Question: The 8 . 5 % , five - year bond yields 6 . 4 % . If this yield to maturity remains unchanged, what will
The fiveyear bond yields If this yield to maturity remains unchanged, what will be its price one year hence? Assume annual coupon payments and a face value of $
Note: Do not round intermediate calculations. Round your answer to decimal places.
What is the total return to an investor who held the bond over this year?
Note: Do not round intermediate calculations. Enter your answer as a percent rounded to decimal places.
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