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ABC Corporation has issued 8% semi-annual coupon bonds, maturing in 10 years. You purchased the bond at 10% p.a. yield-to- maturity. Two years passed. You
ABC Corporation has issued 8% semi-annual coupon bonds, maturing in 10 years. You purchased the bond at 10% p.a. yield-to- maturity. Two years passed. You received your coupon payments, and you sold your bond at current YTM of 12%. What is your holding period rate of return on your investment expressed as percentage per annum? Round to two decimals. Do not include symbols in your
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