I bought a 7% coupon bond at par 12 years ago. During those years I...

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Finance

   I bought a 7% coupon bond at par 12 years ago.During those years I was able to reinvent my interest payments at9%. The bond just matured. What was my realized YTM on the bond?What was my expected YTM when I purchased the bond? If I had justsaved my $70 payments in a cookie jar, what would myrealized   YTM be?

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Coupons value in 12 years    See Answer
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   I bought a 7% coupon bond at par 12 years ago.During those years I was able to reinvent my interest payments at9%. The bond just matured. What was my realized YTM on the bond?What was my expected YTM when I purchased the bond? If I had justsaved my $70 payments in a cookie jar, what would myrealized   YTM be?

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