Question
On the 18th July 2020, I purchased a 2.45%, 21st August 2030 CGB at a yield of 1.346%. then on the 16th of September 2021
On the 18th July 2020, I purchased a 2.45%, 21st August 2030 CGB at a yield of 1.346%. then on the 16th of September 2021 on sold it when the yield was 1.228%. Assuming the reinvestment rate was 1.25%pa simple interest, what was the holding period yield for this investment?
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Intermediate Accounting
Authors: Donald Kieso, Jerry Weygandt, Terry Warfield, Nicola Young,
10th Canadian Edition, Volume 1
978-1118735329, 9781118726327, 1118735323, 1118726324, 978-0176509736
