Question: Consider a 5%-coupon bond with face value 200 maturing in 3 years that sells at 216 today. Next year, the price increases to 220. The
Consider a 5%-coupon bond with face value 200 maturing in 3 years that sells at 216 today. Next year, the price increases to 220. The year after, the price decrease to 216. Calculate all one-period returns.
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