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Suppose you purchase a coupon bond today for $871 and expect to hold the bond for 4 years at which time you expect to sell
Suppose you purchase a coupon bond today for $871 and expect to hold the bond for 4 years at which time you expect to sell it for $845. The bond has a coupon rate of 11.22% and makes semiannual coupon payments - you expect to collect 2x4 coupon payments over the 4-year horizon. Find the expected holding period return on your investment.
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