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You purchaso a 5 year corporate bond. The coupon rate of the bond is 8%, pald semi-annually, and its par value is 51,000 . The

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You purchaso a 5 year corporate bond. The coupon rate of the bond is 8%, pald semi-annually, and its par value is 51,000 . The YTM is 6%. If you sell the bond one year tater when the interest rate decines to 5K, what is your holithg perfod fetum? A. 1.78 6.2.1\% 6.94% D. 6.5%

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