Consider purchasing a five-year, $1,040 par value bond with a 6% coupon and a 7% yield. The rates on the bond immediately after purchase increase to65% and stay there till maturity. Calculate the...

Consider purchasing a five-year, $1,040 par value bond with a 6% coupon and a 7% yield. The rates on the bond immediately after purchase increase to65% and stay there till maturity. Calculate the realised horizon yield on a bond that you intend to hold to maturity. Annual interest accrues.