You bought this security at t = 0 when interest rates were 4%. It's now one year
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You bought this security at t = 0 when interest rates were 4%. It's now one year later and interest rates are 3% at all maturities. You sell the security. What was the annualized HPR on this investment?
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
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