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Question 10 3 pts A bond with maturity of 5 years, 8% YTM, semi-annual bond has MacDur = 3.5. Assuming a holding period of 4

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Question 10 3 pts A bond with maturity of 5 years, 8% YTM, semi-annual bond has MacDur = 3.5. Assuming a holding period of 4 years and a decrease in interest rate to 7% right after the bond is purchased, your HPR would be: A. Greater than 8% B. Less than 8% C.8% D. Cannot be determined

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