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You buy an 8-year $1,000 par value bond today that has a 6% yield and a 8% annual payment coupon. In 1 year, promised yields
You buy an 8-year $1,000 par value bond today that has a 6% yield and a 8% annual payment coupon. In 1 year, promised yields have risen to 7%. Your 1-year holding-period return was ___. Group of answer choices
-3.25%
0.61%
0.86%
1.28%
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