(Answered) Question - one year ago an investor bought a 15-year 1300

Accounting

Question - One year ago, an investor bought a 15-year $1300 face-value hand that has an annual coupon rate of 7%, and interest payments are paid semi-annually. The yield to maturity was 9.1% when purchased, but the yield to maturity is 8.2% today.

How much has the price of the bend increased in one year?

$80.21

$67.11

$54.13

$71.19

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