YoungTadoe9854 YoungTadoe9854
  • 08-04-2024
  • Business
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You buy an 8y bond that has par value of $1000, a YTM of 6% and a 5% coupon (paid annually). In a year, after the YTM declines to 4% and you also get your first coupon payment, you sell the bond. What is your holding period return?

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