last year, a company issued a 15-year annual coupon at par value with a yield to maturity of 9.20%. The current yield to maturity has increased to 9.50%. Investors anticipate another increase in yield to maturity over the next 12 months to 9.80%. If the investors forecast accurately, what will be the rate of return on an investment in this bond over the next year

Arguments made against free trade include all of the following exceptdumping is an unfair trade practice that puts domestic producers of substitute goods at a disadvantage that they should be protected against.national defense considerations justify producing certain goods domestically whether the country has a comparative advantage in their production or not.free trade is inflationary and should be restricted in the domestic interest. if foreign governments subsidize their exports, foreign firms that export are given an unfair advantage that domestic producers should be protected against.infant industries should be protected from free trade so that they may have time to develop and compete on an even basis with older, more established foreign industries.