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need it as soon as possible You buy an 8-year $1,000 par value bond today that has a 5.80% yield and a 5.80% annual payment

need it as soon as possible

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You buy an 8-year $1,000 par value bond today that has a 5.80% yield and a 5.80% annual payment coupon. In 1 year promised yields have risen to 6.80%. Your 1-year holding-period return was Multiple Choice 0.74% -5.43% 0.37% -3.29%

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