You buy a ten-year bond that has a 775 current yield and a, Financial Management

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You buy a ten-year bond that has a 775 current yield and a

You buy a ten-year bond that has a 7.75% current yield and a 7.75% coupon (paid annually). In one year, promised yields to maturity have risen to 8.75%. What is your holding-period return? (Do not round intermediate calculations. Round your answer to 2 decimal places.)

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Financial Management: You buy a ten-year bond that has a 775 current yield and a

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Financial Management: You buy a ten-year bond that has a 775 current yield and a

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