Practice Problem 3 A 10-year bond that makes semi-annual coupon payments is currently selling at par value of $1000. The annual coupon rate is 8% and the initial YTM is 8%. In 6 months the interest rate! falls to 7%. What is your semi-annual holding period return? ADMN3700 Topic 5 10 years Semiannual compounding PO-S1000 ANS: CR 8% YTM 8% N In six months the rate falls to 7%, HPR acer F10 F11 Mark Voss Wom F6 F7 F5 NT Ole