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You are currently holding a bond with 1 year to maturity. You want to sell the bond in 6 months immediately after you receive the

You are currently holding a bond with 1 year to maturity. You want to sell the bond in 6 months immediately after you receive the coupon. The bond has an annual coupon rate of 3%, YTM = 3% and Face Value of $100. 6-month forward rate (from 6 months to 12 months) is 4%p.a.
What is the Holding Period Yield (annualised) on the bond over the next 6 months?

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