Make sure your answer is completely correct. You bought a 10-year annual...
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Finance
Make sure your answer is completely correct.
You bought a 10-year annual coupon bond two years ago. The bond's coupon rate is 6.8%, its face value is $1,000, and the purchase time yield was 6.0%. Today, you sold the bond and today's yield (for this bond) was 6.0%. If your holding period return is 12.27%, at what annual rate did you reinvest the coupons? 6.00%5.50%4.15%4.60%5.05%
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