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8. You buy an 5-year $1000 par value bond today that has a 3% yield and a 3% annual payment coupon. In one year the
8. You buy an 5-year $1000 par value bond today that has a 3\% yield and a 3\% annual payment coupon. In one year the yields in the economy have dropped to 2.5% and you've decided to sell the bond. Your one year holding period return would be A. 0.80% B. 2.50% C. 4.88% D. 6.15% E. 5.60%
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