Question: using excel A 6.85 percent coupon bond with 22 years left to maturity is priced to offer a 5.4 percent yield to maturity. You believe
using excel
A 6.85 percent coupon bond with 22 years left to maturity is priced to offer a 5.4 percent yield to maturity. You believe that in one year, the yield to maturity will be 5.9 percent. (Assume interest payments are semiannual) What would be the total return of the bond in dollars? What would be the total return of the bond in percent? Note: Negotive onswer should be indicoted by o minus sign, Do not round intermediote colculations. Round your finol answer to 2 decimal places
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