You purchase today a non-callable semi-annual coupon rate bond under the following conditions: Bond characteristics: Coupon rate: 5.0% Maturity of bond: 12 years Current YTM: 6.5% Expect hold assumptions: Expected hold period: 7 years Reinvestment rate (average money market return): 3.5% Expected YTM at sale: 5.0% Based upon the above items, find the Horizon Yield (HY) for this bond position. You purchase today a non-callable semi-annual coupon rate bond under the following conditions: Bond characteristics: Coupon rate: 5.0% Maturity of bond: 12 years Current YTM: 6.5% Expect hold assumptions: Expected hold period: 7 years Reinvestment rate (average money market return): 3.5% Expected YTM at sale: 5.0% Based upon the above items, find the Horizon Yield (HY) for this bond position