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Assume you purchase a 20-year zero coupon bond with a yield of 5%. One year later the yield drops 50 basis points. calculate the holding
Assume you purchase a 20-year zero coupon bond with a yield of 5%. One year later the yield drops 50 basis points. calculate the holding period return Please show how to solve it using a financial calculator
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Mathematical Applications for the Management Life and Social Sciences
Authors: Ronald J. Harshbarger, James J. Reynolds
11th edition
978-1305108042
