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You bought a bond exactly one year ago for $1,004.50. Today, you sold the bond at a price of $987.40. The bond paid interest semi-annually

You bought a bond exactly one year ago for $1,004.50. Today, you sold the bond at a price of $987.40. The bond paid interest semi-annually at a coupon rate of 6%. What is your holding period yield on this bond?

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