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You purchased a 5% Treasury bond at par and sold it exactly two years later when yields were 6% per annum. If coupons were reinvested
You purchased a 5% Treasury bond at par and sold it exactly two years later when yields were 6% per annum. If coupons were reinvested at 5% per annum, your holding period yield would be: Group of answer choices more than 6% p.a. less than or equal to 5% p.a. between 5% and 6% p.a. exactly 6% p.a
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