A 20-year maturity bond pays interest of $90 once per year and has a face value of $1,000.Its yield to maturity is 10%.Over the upcoming year,you expect interest rates to decline and that the yield to maturity on this bond will only be 8% a year from now.Using horizon analysis,the return you expect to earn by holding this bond over the upcoming year is _________.

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The Answer of A 20-year maturity bond pays interest of $90 once per year and has a face value of $1,000.Its yield to maturity is 10%.Over the upcoming year,you expect interest rates to decline and that the yield to maturity on this bond will only be 8% a year from now.Using horizon analysis,the return you expect to earn by holding this bond over the upcoming year is _________.

A 20-Year Maturity Bond Pays Interest of $90 Once Per