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3 years ago, you acquired a 10 -year 0% coupon, $1,000 face value bond at a YTM of 9%. Today, you sold this bond at

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3 years ago, you acquired a 10 -year 0% coupon, $1,000 face value bond at a YTM of 9%. Today, you sold this bond at a YTM of 5\%. Calculate your annualized Horizon Yield [HY]. a) Assuming annual compounding, show your work below

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