What would be the total return of the bond in dollars


Question: A 6.80 percent coupon bond with 21 years left to maturity is priced to offer a 5.3 percent yield to maturity. You believe that in one year, the yield to maturity will be 5.8 percent.

What would be the total return of the bond in dollars? (Negative amount should be indicated by a minus sign. Do not round intermediate calculations and round your final answer to 2 decimal places.)

Request for Solution File

Ask an Expert for Answer!!
Finance Basics: What would be the total return of the bond in dollars
Reference No:- TGS02590156

Expected delivery within 24 Hours