What would be the total return of the bond in dollars

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A 7.15 percent coupon bond with 22 years left to maturity is priced to offer a 6.4 percent yield to maturity. You believe that in one year, the yield to maturity will be 7.1 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.)

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

Reference no: EM131572223

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