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Business, 13.08.2021 01:00 klongstreet1731
What is the annual HPR if you buy the bond for $1,100, hold the bond for 5 years, sell it (immediately after the payment of the time 5 coupon) at a price corresponding to a YTM of 4%, and reinvest the intermediate coupons (over the first 5 years) until time 5 at a rate of 3%
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What is the annual HPR if you buy the bond for $1,100, hold the bond for 5 years, sell it (immediate...
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