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B . Consider the following discussion of coupon bonds in the textbook: Valuing the Coupon Payments Plus Principal To value the yearly coupon payments plus

B. Consider the following discussion of coupon bonds in the textbook:
Valuing the Coupon Payments Plus Principal To value the yearly coupon payments plus the principal, we can combine equations (7) and (8) as follows:
PCB=PCP+PBP=[C(1+i)1+C(1+i)2+C(1+i)3+cdots+C(1+i)n]+F(1+i)n
Holding period return =YearlycouponpaymentPricepaid+ChangeinpriceofbondPricepaid
Last year the price of coupon bonds held by Silicon Valley Bank fell by about 14%. The average coupon rate on those bonds was about 2%. What was the one-year holding period return on the bonds?
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