4. Imagine that you pay $100 for a 10-year, 6% coupon bond with par value...
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4. Imagine that you pay $100 for a 10-year, 6% coupon bond with par value of $100. You intend to hold the bond for one year. That is, you are going to buy a 10-year bond and then a year later, you'll sell a 9-year bond. What is your holding period return from holding this bond if the interest rate changes from 6% to 5% over the year that you hold the bond
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