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5. You purchased a 5-year annual interest coupon bond. Its coupon rate is 6% and its par value was $1,000. At the time you purchased

5. You purchased a 5-year annual interest coupon bond. Its coupon rate is 6% and its par value was $1,000. At the time you purchased the bond, the yield to maturity was 7%. After holding the bond for 2 years, youve decided to sell the bond, the rates have changed to 5% at the time. What is your annual holding period return? A. 5.11% B. 5.52% C. 7.57% D. 8.89% E. 9.65%

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