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In early January 2010. you purchased $30,000 worth of some high-grade corporate bonds. The bonds carried a coupon of 8 1/8 % and mature in

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In early January 2010. you purchased $30,000 worth of some high-grade corporate bonds. The bonds carried a coupon of 8 1/8 % and mature in 2024. You paid a price of 94.125 when you bought the bonds. Over the 5 years from 2010 through 2014, the bonds were priced in the market as follows: Quoted prices (% of $1,000 par value) Year Beginning of the Year End of the Year 2010 94.125 100.625 2011 100.625 102.000 2012 102.000 104.625 2013 104.625 110.125 2014 110.125 121.250 Coupon payments were made on schedule throughout the 5-year period. Required: Find the annual holding period returns for 2010 through 2014. (11 marks)

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