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The YTM on a bind is the interest rate you earn on your investment if interest rates don't change. if you actually sell the bond
The YTM on a bind is the interest rate you earn on your investment if interest rates don't change. if you actually sell the bond before it matures your realized return I'd known as the holding period yield (HPY). Suppose that today you buy a 5.6% annual coupon bond for $930. The bind has 10 years to maturity. What rate of return do you expect to earn on your investment? please provide any equations used
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