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A bond rated AAA has a current market price of $800, a coupon interest rate of 10%, and a 10-year maturity. Interest is paid SEMIANNUALLY.

A bond rated AAA has a current market price of $800, a coupon interest rate of 10%, and a 10-year maturity. Interest is paid SEMIANNUALLY. If the bond's par value is $1,000,

Suppose the investor expects to sell the bond 5 years from now for $900. What is the investor's holding period yield?

Question options:

About 7%

About 10%

14.3%

15.02%

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