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Suppose you just purchased a bond with 15 years to maturity that pays an annual coupon of $20.00 and is selling at par. Calculate the
Suppose you just purchased a bond with 15 years to maturity that pays an annual coupon of $20.00 and is selling at par. Calculate the one-year holding period return for each of these two cases:
A) The yield to maturity is 3.50% one year from now
B) The yield to maturity is 1.50% one year from now
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