Question
You buy a bond today for $9,000. The face value of the bond is $10,000, coupon rate is 4%, interest is paid semi-annually, and maturity
You buy a bond today for $9,000. The face value of the bond is $10,000, coupon rate is 4%, interest is paid semi-annually, and maturity is in 7 years. After holding the bond for two years you decide to sell for $9,500. Your holding period yield (or total return or realized yield) on this bond is
| A. | 9.556% | |
| B. | 2.878% | |
| C. | 7.079% | |
| D. | 5.756% | |
| E. | 3.539% |
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Management Of Islamic Finance
Authors: M. Kabir Hassan, Mamunur Rashid
1st Edition
1787564045, 978-1787564046
