The 7.9%, 5-year bond yields 5.9%. If this yield to maturity remains unchanged, what will be its price one year after?
The 7.9%, 5-year bond yields 5.9%. If this yield to maturity remains unchanged, what will be its price one year after? Assume annual coupon payments and a face value of $1,000. What is the total return to an investor who held the bond over this year?
