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Business, 22.08.2020 22:01 joelpimentel

You buy an 8-year $1,000 par value bond today that has a 6% yield and a 6% annual payment coupon. In 1 year promised yields have risen to 7%. Your 1-year holding-period return was: . A. 0.61%
B. -5.39%
C. 1.28%
D. -3.25%

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