A 9.3% annual coupon bond with a 10-year maturity and a $1,000 par value has a yield
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Question:
A 9.3% annual coupon bond with a 10-year maturity and a $1,000 par value has a yield to maturity of 8%. Assuming that the yield curve is flat and doesn't shift, calculate the holding period return you would achieve from buying the bond, holding it for one year only.
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