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Question 3 4 pts In July 2015 you purchase a Treasury bond with a face...

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Question 3 4 pts In July 2015 you purchase a Treasury bond with a face value of AUD 1000, a trading yield of 5.50% per annum and a coupon rate of 7% per annum. The bond makes semi-annual coupon payments and will mature on July 2022. You sell the bond in January 2017, when the trading yield was 6.00% per annum. During the holding period the coupons were reinvested at 5.75% per annum. What is the holding period yield of this bond?

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