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Determining the allison holding period return

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Allison purchased a 15 year 7% bond at par 1 year ago. Today, she sold the bond at 108.50% of par. What was Allison's holding period return?

Reference no: EM132484161

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Determining the allison holding period return : Allison purchased a 15 year 7% bond at par 1 year ago. Today, she sold the bond at 108.50% of par. What was Allison's holding period return?
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