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What is the one-year holding-period return? A 40-year bond pays an annual coupon of $8,156. It is selling at a par value of $100,000. The
What is the one-year holding-period return? A 40-year bond pays an annual coupon of $8,156. It is selling at a par value of $100,000. The bond's initial yield to maturity is 8.156%. By the end of the first year the bond's yield to maturity rises to 8.5%. What is the one-year holding- period return? O 8.000% O 8.156% O 4.277% O 2.667% O 8.600%
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