Question: You purchase a $ 1 , 0 0 0 par value bond paying a 6 % annual coupon. This bond matures in 2 5 years

You purchase a $1,000 par value bond paying a 6% annual coupon. This bond matures in 25 years and has a YTM of 6.11%. Four years later, you sell the bond at a time when the YTM is 6.24%. What annual rate of return have you achieved over your holding period?
6.00%
5.76%
6.18%
6.48%

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