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An investor is considering the purchase of a(n) 7875%, 15-year corporate bond that's being priced to yield 9.875% She thinks that in a year this

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An investor is considering the purchase of a(n) 7875%, 15-year corporate bond that's being priced to yield 9.875% She thinks that in a year this bond will be priced in the market to yield 8 875% Using annual compounding, find the price of the bond today and in 1 year. Next, find the holding period return on this investment, assuming that the investor's expectations are bome out The price of the bond today is $(Round to the nearest cont) The price of the bond one year from today is $(Round to the nearest cent) The holding penod return on this investment is [% (Round to two decimal places)

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