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3 years ago you purchased a 12 year maturity, 2.6% coupon annual pay bond at a price of $96 per $100 of face value. Shortly
3 years ago you purchased a 12 year maturity, 2.6% coupon annual pay bond at a price of $96 per $100 of face value. Shortly after you purchased the bond, yields changed to 5.15%. If you sell the bond today at a price of $101 per $100 of face value, what is your annualized holding period return? Enter answer in percents, to two decimal places and show work
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