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(a) An investment advisor states, An investors annualized holding period return from investing in a bond consists of three parts: the coupon interest payments, the
(a) An investment advisor states, An investors annualized holding period return from investing in a bond consists of three parts: the coupon interest payments, the return of principal, and any capital gain or loss that the investor realizes on the bond. Comment and explain if the advisors opinion is correct or incorrect and why?
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