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You bought a 15 year bond for $1,100. You then sold that bond for $1,285 five years later. It was a 10% coupon bond with
You bought a 15 year bond for $1,100. You then sold that bond for $1,285 five years later. It was a 10% coupon bond with a par value of $1,000. What is your holding period return (HPR or rate of return) over this 5 year period on this coupon paying bond? Round to the nearest whole percent. 139% 26% 12% 153\% 62\% 29%
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