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You buy a 20-year semi-annual bond with a coupon rate of 8.6% at a time when yields are 7.8%. You sell the bond immediately after
You buy a 20-year semi-annual bond with a coupon rate of 8.6% at a time when yields are 7.8%. You sell the bond immediately after receiving the first coupon, when yields are 8.6%. What is your holding period return? Enter the answer in percentage points rounded to two decimal places (1.9876% should be entered as 1.99)
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Essentials Of Health Care Finance
Authors: William O. Cleverley, James O. Cleverley, Paula H. Song
7th Edition
0763789291, 978-0763789299
