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You purchased a 5-year annual-interest coupon bond one year ago. Its coupon interest rate was...

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Finance

You purchased a 5-year annual-interest coupon bond one year ago. Its coupon interest rate was 6.00% and its par value was $1,000. At the time you purchased the bond, the yield to maturity was 4.00%. You sold the bond after receiving the first interest payment and the bond's yield to maturity had changed to 3.00%; calculate your Holding Period Return (rounded to two places).

5.00%

5.52%

7.57%

9.95%

None of the above

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