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  3. 1. investor mr.l has invested in bonds that has a

1. Investor Mr.L has invested in bonds that has a par value of $900 and...

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1. Investor Mr.L has invested in bonds that has a par value of $900 and pays interest at the rate of 6%. He desires to compute the holding period yield on the bonds purchased by him. He went to his analyst friend to help him in computing the holding period yield on his bonds. The investor provided the information to the analyst that the bond's price at the start of the period of $1,128.45 and the bond's price at the conclusion of the period is $1,127.90. The bond is held by the investor for a period of 2 years. Therefore, determine the bond's holding period yield. A - The holding period yield of the bond will be 2.10%. B - The holding period yield of the bond will be 19.09%. C - The holding period yield of the bond will be 9.52%. D - The holding period yield of the bond will be 8.74%

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