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A person has purchased a bond on June 21,2019 at a price of Rs.105. The bond has a face value of Rs.100 and a coupon
A person has purchased a bond on June 21,2019 at a price of Rs.105. The bond has a face value of Rs.100 and a coupon of 10% pa payable half yearly on June 30 and December 31 of each year .He sold the bond on September 12,2020 at a price of Rs.108 . Determine the holding period return on the bond
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