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You purchase a corporate bond with a face value = $2000, coupon rate = 9%, years to maturity = 30, when the discount rate =
You purchase a corporate bond with a face value = $2000, coupon rate = 9%, years to maturity = 30, when the discount rate = 5%. After 3 year(s) and after receiving the last period's coupon, you sell the bond when interest rates are 4%. What is your holding period return for this bond? Assume the bond pays semiannual coupons at the end of each period.
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