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You buy an eleven-year maturity bond that has a 8.25% current yield and a 8.25% coupon (paid annually). In one year, promised yields to maturity
You buy an eleven-year maturity bond that has a 8.25% current yield and a 8.25% coupon (paid annually). In one year, promised yields to maturity have risen to 9.25%. What is your holding-period return? (Do not round intermediate calculations. Round your answer to 2 decimal places.) What is the holding period return
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