Le-ond prices and interest hate risk

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LE-ond Prices and interest Hate Risk

One year ago, you purchased a 2-year bond with Y'l'M ot 5% and coupon rate of 4% [semiannual payments). Men you are selling it today, you notice that its YTM has decreased to 3% and bond price has changed accordingly. You 1-year holding period return is roughly:

Reference no: EM133119896

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