In one year promised yields to maturity have risen to 500, Financial Management

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In one year promised yields to maturity have risen to 500

You buy a five-year bond that has a 4.00% current yield and a 4.00% coupon (paid annually). In one year, promised yields to maturity have risen to 5.00%. What is your holding-period return? (Do not round intermediate calculations. Round your answer to 2 decimal places.)

Holding-period return %

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Financial Management: In one year promised yields to maturity have risen to 500

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Financial Management: In one year promised yields to maturity have risen to 500

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