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15 You buy an 7-year $1,000 par value bond today that has a 5.20% yleld and a 5.20% annual payment coupon. In 1 year promised
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You buy an 7-year $1,000 par value bond today that has a 5.20% yleld and a 5.20% annual payment coupon. In 1 year promised yields have risen to 6.20%. Your 1-year holding-period return was 0 -2.75% 0 -4.89% O 0.31% O 0.62% Step by Step Solution
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