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Posted: **Thu Dec 23, 2021 9:04 am**

: You Buy A Bond Today At Face Value For 1 000 With A 5 9 Coupon Interest Payment The Bond Matures In 8 Years One Year 1 (6.46 KiB) Viewed 65 times

You buy a bond today at face value for $1,000 with a 5.9% coupon interest payment. The bond matures in 8 years. One year from now, you sell your bond when interest rates are 8.9%. What is your rate of return?