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Dean Yeagley bought a $1,000 face value, 8% coupon, 30-year bond for $1,050. Two years after she bought the bond, she sold it for $980.

Dean Yeagley bought a $1,000 face value, 8% coupon, 30-year bond for $1,050. Two years after she bought the bond, she sold it for $980. What was her holding period yield?

a.
4.36%

b.
7.03%

c.
7.56%

d.
5.30%

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	a.	4.36%
	b.	7.03%
	c.	7.56%
	d.	5.30%