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you observe that the James company inc issued a $10 trillion 7 year bond 5 and a half years ago. The bond pays its 7

you observe that the James company inc issued a $10 trillion 7 year bond 5 and a half years ago. The bond pays its 7 percent coupon semi annually.

a) you bought this bond when it was first issued for a quoted price of $99.25. if you sell the bond today, what is the effective annual holding period return that you earned on your investment. please show the work (math steps involved)

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