What rate of return will an investor earn if they buy a 20-year, 10 percent annual coupon bond for $900 They plan on selling this bond at the end of five years for $951. Calculate the rate of return and the current yield at the end of five years. Rate of return Current yield ()①A. 12.0% 10.51% ②B. 9.4% 11.00% ③C. 12.0% 11.00%
A. ①
B. ②
C. ③