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2) At the beginning of 2017, you bought a $1,000 par value corporate bond with a 8% annual coupon rate and a 10-year maturity. The

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2) At the beginning of 2017, you bought a $1,000 par value corporate bond with a 8% annual coupon rate and a 10-year maturity. The coupon is paid semiannually. When you bought this bond, it had an annual YTM of 10%. a. What did you pay for the bond? (3 points) b. If you sold the bond at a price of $1050 on June 30h, 2017, right after you get a coupon payment, what would be your holding period return on this investment? (3 points)

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