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Suppose you just purchased a bond with 17 years to maturity that pays an annual coupon of $28.00 and is selling at par. Calculate the
Suppose you just purchased a bond with 17 years to maturity that pays an annual coupon of $28.00 and is selling at par. Calculate the one-year holding period return for each of these three cases:
a. The yield to maturity is 4.30% one year from now. (Negative value should be indicated by a minus sign. Round your answer to 4 decimal places.)
HPR %
b. The yield to maturity is 1.90% one year from now. (Round your answer to 4 decimal places.)
HPR %
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