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Two year ago, you purchased a 6% coupon bond with 10 years to maturity and had a yield to maturity of 4%. This bond pays
Two year ago, you purchased a 6% coupon bond with 10 years to maturity and had a yield to maturity of 4%. This bond pays interest semi-annually. If you sell this bond today (two years later) and its yield to maturity is now 6%, what would be your holding period return on this transaction?
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