Exhibit 6-2 You Purchased a Bond Last Year That Pays an 8

Exhibit 6-2
You purchased a bond last year that pays an 8% annual coupon with a face value of $1,000. At the time of purchase, the bond had a yield to maturity of 10% and had 10 years until maturity. Today, the bond trades at a yield to maturity of 9%.
-Refer to Exhibit 6-2.What was the dollar return of this investment over the last year?

A) $80
B) $93
C) $143
D) $160