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JD inc. issued a corporate bond 10 years ago when the market rate was as low as 5%. You bought the bond at par. After
JD inc. issued a corporate bond 10 years ago when the market rate was as low as 5%. You bought the bond at par. After a couple years later, you wanted to sell the bond, but the market rate went up to 7%. What was the holding period return if you did sell the bond 2 years later.
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