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One year ago you bought 4 year 6% coupon bond that will pay $1000 at maturity its par value). The bond was priced at $855.47
One year ago you bought 4 year 6% coupon bond that will pay $1000 at maturity its par value). The bond was priced at $855.47 to yield 10% and pays interest annually at the end of each year. no, when you're later, after the first interest payment, the bond is priced to yield a 9%.
what is the new price if you decide to sell now?
what was the holding period return for the one year?
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