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Consider a bond with a coupon rate of 2%, a par value of 1000, and a current bid price of 1200. If the bond price

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Consider a bond with a coupon rate of 2%, a par value of 1000, and a current bid price of 1200. If the bond price decreases to 1100 shortly after the first coupon payment next year, what will its holding period return for one year be? O a.-6.67% O b.-6.47% O C.-6.57% O d. 6.57% O e. 6.67% O f. 6.47%

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