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You own a bond with 1 year to maturity. You plan to sell the bond in 6 months immediately after you receive the coupon. The

You own a bond with 1 year to maturity. You plan to sell the bond in 6 months immediately after you receive the coupon. The bond has an annual coupon rate of 4% (semi-annual coupons), YTM = 4% and Face Value of 100. Assume that in 6 months the YTM of the bond will be 3%. What will be your (ex-post) Holding Period Return?

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