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A bond is issued with a coupon rate of 8 % ( paid out annually ) , a maturity of 1 2 years and a

A bond is issued with a coupon rate of 8%(paid out annually), a maturity of 12 years and a yield to maturity of 5%. If you decide to purchase the bond today for $1,265.90 and hold it for 2 years, what is your overall rate of return on the bond if the yield to maturity at the end of the holding period is 5%?Dont overthink it read the question as is and give me an exact answer just from the question given not assumptions. The question is correct

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