Question
Suppose the discount rate is 10%. You bought a 15% coupon bond with 6 years left until maturity. After holding it for 4 years, the
Suppose the discount rate is 10%. You bought a 15% coupon bond with 6 years left until maturity. After holding it for 4 years, the discount rate changed to 8% and sold the bond right after the discount rate change. What is your HPR?
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The Oxford Handbook Of Computational Economics And Finance
Authors: Shu-Heng Chen, Mak Kaboudan, Ye-Rong Du
1st Edition
0199844372, 978-0199844371
