Consider two identical bonds issued by a company, expect that bond A is callable and bond B is not. Which bond has a higher YTM? Bond A Bond B Impossible to say In year O you buy a 2-year 4% coupon annual paying bond, with face value equal to $1000, and a YTM of 5%. After 1 year, the YTM falls to 4% and you sell the bond. What is the annualized holding period return on your investment? (choose the closest number) 1% 4% 5% 6%