You buy a 20-year bond with a coupon rate of 7.8% that has a yield...

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Accounting

You buy a 20-year bond with a coupon rate of 7.8% that has a yield to maturity of 9.9%.(Assume a face value of $1,000 and semiannual
coupon payments.) Six months later, the yield to maturity is 10.9%. What is your return over the 6 months?
Note: Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places. Negative amount
should be indicated by a minus sign.
Rate of return
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