Last year malko enterprises issued 6-year bonds at par with


Last year Malko Enterprises issued 6-year bonds at par with annual coupon rate of 7.5%, payable semi-annually. An investor purchased some of these bonds last year and sells them today for $1050. What is the holding period return?

a. 7.5%

b. 9.75%

c. 10.25%

d. 11.0%

e. 12.5%

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Financial Management: Last year malko enterprises issued 6-year bonds at par with
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