You buy an eleven-year bond that has a 800 current yield


Question: You buy an eleven-year bond that has a 8.00% current yield and a 8.00% coupon (paid annually). In one year, promised yields to maturity have risen to 9.00%. What is your holding-period return? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

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Finance Basics: You buy an eleven-year bond that has a 800 current yield
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