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Suppose a U.S. Treasury bond paying 3.25-percent coupon has 15 years left to maturity. The current interest rate is 4 percent. If the interest rate

Suppose a U.S. Treasury bond paying 3.25-percent coupon has 15 years left to maturity. The current interest rate is 4 percent. If the interest rate falls by 10 basis points (or .10%) six months later, find the bond's holding period return. Express your answers as a percentage. Make sure to round your answers to the nearest 100th percentage point.

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