In early January 2010. you purchased $49,000 worth of some high-grade corporate bonds. The bonds carried a coupon of 9% and mature in 2024. You paid 95.915 when you bought the bonds. Over the five years from 2010 through 2014, the bonds were priced in the market as follows: D. Coupon payments were made on schedule throughout the 5-year period a. Find the annual holding period returns for 2010 through 2014. (See Chapter 5 for the HPR formula) b. Use the average return information in the given table to evaluate the investment performance of this bond. How do you think it stacks up against the market? Explain. a. The holding period return for 2010 is % (Round to two decimal places) The holding period return for 2011 is %. (Round to two decimal places.) The holding period return for 2012 is % (Round to two decimal places.) The holding period return for 2013 is % (Round to two decimal places.) The holding period retum for 2014 is %. (Round to two decimal places.) b. Use the average return information in the given table to evaluate the investment performance of this bond. How do you think it stacks up against the market? Explain. (Select the best choice below.) O O The high-grade corporate bond investment has outperformed the market. The average rate of return for the investment is 14.54% versus the average market rate of 5.83% The market has outperformed the corporate bond investment. The average rate of retum for the investment is 5.83% versus the average market rate of 14.64% Click to select your answers). MacBook Pro esc Q Search or type URL u purchased $49,000 worth of some high-grade corporate bonds. The bonds carried a coupon of 9% and mature in 2024. You pa ne five years from 2010 through 2014, the bonds were priced in the market as follows: Coupon payments were made on sch 9 period n informa i Data Table t the mar urn for 24 n for 201 n for 2011 en for 2015 (Click on the icon located on the top-right corner of the data table below in order to copy its contents into a spreadsheet.) Quoted Prices (% of $1,000 par value) Beginning End of Average Holding Period Return Year of the Year on High-Grade Corporate Bonds the Year 7.30% 2010 102.376 95.915 11.72% 2011 104.557 102.376 -6.89% 2012 107.446 104.557 7.90% 2013 113.188 107.446 9.11% 124.638 113.188 2014 m for 2014 at the mai um informa average rket rate Print Done corporate by Outperforme answer(s)