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You bought a 4.607% at 97.70 30-year U.S. Treasury bond in May. By December of the same year, the bond price reached 110.14%. What
You bought a "4.607% at 97.70" 30-year U.S. Treasury bond in May. By December of the same year, the bond price reached 110.14%. What is your holding-period return if you sell the bond in December? Note: it is conventional that U.S. Treasury bonds have a face value of $1,000.
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Given Initial bond price 9770 of face value 1000 977 Final bond price 11014 of face value 1000 11014...
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Essentials of Investments
Authors: Zvi Bodie, Alex Kane, Alan J. Marcus
10th edition
77835425, 978-0077835422
