Question: A bond with two years to maturity has a face value of $ 1 0 0 0 and a coupon rate of 5 % .

A bond with two years to maturity has a face value of $1000 and a coupon rate of 5%. it is initially bought at a yield to maturity of 7%, then sold after one year for $1000. what did you pay for this bond? what is the holding period return for the first year

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