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You hold a 5.75% bond that matures in 2.5 years. You hold the bond for one year and sell it when it has 1.5 years

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You hold a 5.75% bond that matures in 2.5 years. You hold the bond for one year and sell it when it has 1.5 years to maturity. The required yield on the former date is 5.1% and the required yield on the latter date is 5.4%. Assume we can reinvest the coupons at 3% p.a. What is the holding period return

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