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7 The yleid to maturity on a bond is the Interest rate you earn on your investment of interest rates do not change. If you

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7 The yleid to maturity on a bond is the Interest rate you earn on your investment of interest rates do not change. If you actually sell the bond before it matures, your realized return is known as the holding perlod yield. Suppose that today you buy a coupon bond with 9 percent annual Interest for $1,000 The bond has 12 years to maturity. Three years from now, the yield to maturity has declined to 7 percent and you decide to sell. What is your holding period yield? S DOARA Multiple Choice Boot 10.990 percent 3.34 perce 13.01 percent 9,49 percent 12.03 percent

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