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Suppose that you bought the Andrews Industries bond when it was first issued at the price you found in the previous question. You held the
Suppose that you bought the Andrews Industries bond when it was first issued at the price you found in the previous question. You held the bond for five years, but have now decided to sell it. Assuming that the yield to maturity is now 7.00%, determine your holding period return. Record your answer as a whole number percentage rounded to two decimal places (e.g. 1.23). Do not include a percentage sign (e.g.%) in your answer. Suppose that you bought the Andrews Industries bond when it was first issued at the price you found in the previous question. You held the bond for five years, but have now decided to sell it. Assuming that the yield to maturity is now 7.00%, determine your holding period return. Record your answer as a whole number percentage rounded to two decimal places (e.g. 1.23). Do not include a percentage sign (e.g.%) in your
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