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One year ago you bought a bond for $970. The yield to maturity was 7.5% and the coupon rate is 8.0%. The current market value

One year ago you bought a bond for $970. The yield to maturity was 7.5% and the coupon rate is 8.0%. The current market value of the bond is $950. What is your holding period return?

A. 6.0%

B. -2.0%

C. 6.2%

D. 2.0%

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