Question: 13. Yield Computation. Consider a 30-year 8 percent bond, paying coupon semi-annually, and selling for $960. If the bond is sold 14 years later for
13. Yield Computation. Consider a 30-year 8 percent bond, paying coupon semi-annually, and selling for $960. If the bond is sold 14 years later for $990, what is the investors holding period yield?
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