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Business, 30.11.2021 22:00 krazziekidd2p845ri

You buy a nine-year bond that has a 6.25% current yield and a 6.25% coupon (paid annually). In one year, promised yields to maturity have risen to 7.25%. What is your holding-period return? (Do not round intermediate calculations. Round your answer to 2 decimal places.)

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You buy a nine-year bond that has a 6.25% current yield and a 6.25% coupon (paid annually). In one y...
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