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You buy a 10-year bond that has a 5% coupon rate for $1,000. One year later, interest rates fall to 4% and you sell the

You buy a 10-year bond that has a 5% coupon rate for $1,000. One year later, interest rates fall to 4% and you sell the bond. What is your holding period return? (i.e., Current yield + Capital Gain/Loss)

(State as percentage with no symbols and round to the nearest two decimal places- e.g., 5.23 not .0523)

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