Year 2010 2011 2012 2013 2014 Beginning of the Year 95.942 104.605 106.752 109.182 1 14.466 Quoted Prices (% of $1,000 par value) End of the Year 104.605 106.752 109.182 114.466 124.815 Average Holding Period Return on High-Grade Corporate Bonds 7.30% 11.72% - 6.89% 7.90% 9.11% In early January 2010, you purchased $30,000 worth of some high-grade corporate bonds. The bonds carried a coupon of 5%% and mature in 2024. You paid 95.942 when you bought the bonds. Over the ve years from 2010 through 2014, the bonds were priced in the market as follows: a . Coupon payments were made on schedule throughout the 5-year period. a. Find the annual holding period returns for 2010 through 2014. (See Chapter 5 for the HPR formula.) b. Use the average return information in the given table to evaluate the investment performance of this bond. How do you think it stacks up against the market? Explain