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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 discount
Suppose the discount rate is 8%. You bought a 12% coupon bond with 5 years left until maturity. After holding it for 3 years discount rate changed to 5% and sold the bond right after the discount rate change. What is your HPR?
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The Routledge Handbook Of Critical Finance Studies
Authors: Christian Borch, Robert Wosnitzer
1st Edition
1138079812, 978-1138079816
