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$971.78. a. Find the current yield that existed on this bond at the beginning of the year. What was it by the end of the

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$971.78. a. Find the current yield that existed on this bond at the beginning of the year. What was it by the end of the one-year holding period? b. Determine the holding period return on this investment. (Hint: See Chapter 4 for the HPR formula.) a. The current yield that existed on this bond at the beginning of the year is \%. (Round to two decimal places.)

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