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As a bond fund manager, you are considering corporate bonds issued by Changing Universe ( CU ) . Each CU bond is a 4 -
As a bond fund manager, you are considering corporate bonds issued by Changing Universe CU Each CU bond is a year bond with a par value of $ million. Its interest payments are based on the following schedule: $ in year $ in year $ in year and $ in year You estimate CU's current interest rate is One year later, the yield declines to and you decide to sell your bond. What is your holding period return?
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