In early January 2010. you purchased S49.000 worth of some high-grade corporate bonds. The bonds camed a coupon of 5 % and mature in 2024. You paid 94.369 when you bought the bonds. Over the ve years from 2010 through 2014, the bonds were priced in the market as follows: Coupon payments were made on schedule throughout the 5-year pericd a. Find the annual holding period returns for 2010 through 2014. (Se 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 The holding period return for 2011 isD% (Round to two decimal places.) The holding period return for 2012 is The holding pericd return for 2013 is The holding period return for 2014 is D. (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 0 %. {Round to two decimal places.) Data Table Round to two decimal places.) D% (Click on the icon located on the top-right corner of the data table below in order to copy its contents into a spreadsheet) (Round to two decimal places.) Quoted Pricesof $1,000 par value) Year 2010 2011 2012 2013 2014 Beginning of the Year 94.369 103.288 105.711 109.733 115.801 End of the Year 103.288 105.711 109.733 115.801 126.405 Average Holding Period Return on High-Grade Corporate Bonds 7.30% 11 .72% -6.89% The market has outperformed the corporate bond investment. The average rate of return for the investment is 5.83% The high-grade corporate bond investment has outperformed the market. The average rate of return for the investment is O 9.11% Print Done