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An 18.6% annual coupon bond with a 10-year maturity and a $1,000 par value has a yield to maturity of16%. Assuming that the yield curve

An 18.6% annual coupon bond with a 10-year maturity and a $1,000 par value has a yield to maturity of16%. Assuming that the yield curve is flat and doesnt shift, calculate the holding period return you would achieve from buying the bond, holding it for one year only.

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