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Suppose the discount rate is 8%. You bought a 12% coupon bond with 5 years left until maturity. After holding it for 3 years, the

Suppose the discount rate is 8%. You bought a 12% coupon bond with 5 years left until maturity. After holding it for 3 years, the discount rate changed to 5% and sold the bond right after the discount rate change. What is your HPR?

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