You buy a 2-year bond with a coupon rate of 93 that has a


You buy a 2-year bond with a coupon rate of 9.3% that has a yield to maturity of 10.3%. (Assume a face value of $1,000 and semiannual coupon payments.) Six months later, the yield to maturity is 11.3%. What is your return over the 6 months? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places. Negative amount should be indicated by a minus sign.)

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Business Management: You buy a 2-year bond with a coupon rate of 93 that has a
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