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15. The price of a bond at the beginning of a year is $980.00 and $975.00 at the end of the year. What is the
15.
The price of a bond at the beginning of a year is $980.00 and $975.00 at the end of the year. What is the holding period return if the annual coupon rate is 4%?
A. 4.08%
B. 3.57%
C. 4%
D. 4.59%
E. 3.59%
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