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You bought an 8% annual coupon, 10 year maturity bond ($1,000 par value) when the discount rate was 9%. A year later, the discount rate
You bought an 8% annual coupon, 10 year maturity bond ($1,000 par value) when the discount rate was 9%. A year later, the discount rate was 10%. What is your holding period rate of return over the year? Please also include financial calculator calculations.
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