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You buy an 10-year $1,000 par value bond today that has a 7% yield and a 7% annual payment coupon. In 1 year promised yields
You buy an 10-year $1,000 par value bond today that has a 7% yield and a 7% annual payment coupon. In 1 year promised yields have risen to 8%. Your 1-year holding-period return was ________.
-4.99% | ||
5.58% | ||
-5.39% | ||
3.25% |
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