The yield to maturity today is 655 calculate the total


One year ago, you purchased BNG bonds which now have 10 years remaining until maturity and pay an annual coupon of 7%. The face value is $1,000. The bonds were purchased at par at issue. The yield to maturity today is 6.55%. Calculate the total return on this bond. (Enter percentages as decimals and round to 4 decimals).

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Financial Management: The yield to maturity today is 655 calculate the total
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