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If you buy a bond with a coupon rate of 5% and 15 years left to maturity at a price of $915.32 today ( assume
If you buy a bond with a coupon rate of 5% and 15 years left to maturity at a price of $915.32 today ( assume $1,000 par value and semi-annual coupon payment, what will be the annual holding period return you earn if you sell the bond 4 years later when the market yields are 4.5%
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