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The price of a bond (with par value of $1,000) at the beginning of a period is $970 and at the end of the period
The price of a bond (with par value of $1,000) at the beginning of a period is $970 and at the end of the period is $965. What is the holding-period return if the annual coupon rate is 3.5%
3.08% | |
3.09% | |
4.08% | |
3.90% |
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