You bought the bond for $1,040, after 6 months you received a coupon of $35 and after another 6 months you received another $35 coupon and you sold the bond for $1,070.
What would be your total dollar return in that case?
What would be your total percentage return?
Would the total dollar return be $100 [(1070 – 1040)+35+35]?
Would the total percentage return be 9.62% [[(1070 – 1040)+35+35]/1040]?