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One year ago you bought a 5 yr 5% coupon bond that will pay 2000 at maturity. the bind was priced at $810.46 to yield
One year ago you bought a 5 yr 5% coupon bond that will pay 2000 at maturity. the bind was priced at $810.46 to yield 10 percent and pays interest annually at end of each yr. one year later bond is priced to yield 9%. What is the new price if you decide to sell now and what was your holding period return for the one year.
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