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3 years ago you purchased a 13 year maturity, 4.7% coupon annual pay bond at a price of $106 per $100 of face value. Shortly
3 years ago you purchased a 13 year maturity, 4.7% coupon annual pay bond at a price of $106 per $100 of face value. Shortly after you purchased the bond, yields changed to 5.03%. If you sell the bond today at a price of $98 per $100 of face value, what is your annualized holding period return?
Enter answer in percents to 2 decimal places. For example, enter 14.15 for 14.15%.
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