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On January 1, 2017, you buy a three-year, annual-pay coupon bond with 6% coupon rate, $1000 face value, and yield to maturity 6%. On January
On January 1, 2017, you buy a three-year, annual-pay coupon bond with 6% coupon rate, $1000 face value, and yield to maturity 6%. On January 1, 2018, you receive the first coupon of the bond, and on January 1, 2019, you receive the second coupon. Immediately after receiving the second coupon, you sell the bond. Assume that yields on bonds of all maturities are equal to 4.5% on January 1, 2019.
What is your HPR on your 2-year bond investment? Group of answer choices
6.20%
10.20%
16,75%
13.44%
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