Question: Yi long Ma is a software development company that headquarters in beijing and covers Canada, the United States, Japan, and Europe. The firm has issued

 Yi long Ma is a software development company that headquarters in

Yi long Ma is a software development company that headquarters in beijing and covers Canada, the United States, Japan, and Europe. The firm has issued bonds at face value at a yield to maturity at 10% a few years ago. Now with 10 years left until maturity, the yield to maturity has increased to 15%. Assume coupons are paid once a year. Suppose that you purchased this bond today and are considering selling it a year later. The yield to maturity is expected to be 15% in one year later. What is the rate of return from this investment

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