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U a UUTI UDURCU UY Ullgag UUSUT d. a bond backed by bank loans and leases 7 _An investor purchases a twenty-year S1000 par value.

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U a UUTI UDURCU UY Ullgag UUSUT d. a bond backed by bank loans and leases 7 _An investor purchases a twenty-year S1000 par value. 5% annual coupon bond with a yield to maturit of 7.21%. Three years later, the investor sells the bond at e years later, the investor sells the bond at a time when its yield to maturity is 5.3%. What annualized return has this investor received over the holding perio a. 12.76% b. 13.08% c. 13.95% d. 14.32% ond has a duration of 7.35 years and a vield-to-maturity of 3.91%. If the bond's yield were to increase by 2 percentage points, we would estimate the bonds price would fall by how much? a. 12.22% b. 13.34% c. 14.15% d. 15.59%

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