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Save You buy an 7-year $1,000 par value bond today that has a 4% yield and a 4% annual payment coupon. In 1 year promised

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Save You buy an 7-year $1,000 par value bond today that has a 4% yield and a 4% annual payment coupon. In 1 year promised yields have risen to 5%. Your 1-year holding period return was .8296 -1.08% -2.65% 1.2896

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