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A 30-year maturity bond with 11% coupon rate and annual payment is trading at yield to maturity of 10%. A bond portfolio manager want to

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A 30-year maturity bond with 11% coupon rate and annual payment is trading at yield to maturity of 10%. A bond portfolio manager want to hold the bond for two years. She expected to sell the bond at the end of two year at yield to maturity 8%. Coupons reinvestment rate during this two years is 7%. What's the manager's horizon rate of return? 15.14% . OB. 42.49% 34.50% . 27.80% D

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