Question
You buy a 5 year bond that has a current yield of 5% and a 5% coupon paid annually. In one year, YTM has risen
You buy a 5 year bond that has a current yield of 5% and a 5% coupon paid annually. In one year, YTM has risen to 7%. What is your holding period return? Answer in percentages, with two decimal places Answer:
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Introduction To Finance Markets, Investments, And Financial Management
Authors: Ronald W Melicher, Edgar Norton
13th Edition
0470128925, 9780470128923
