Question: Determine the annualised return, including all its components, from the following bond transaction: a . on 2 7 April 2 0 2 3 you purchase

Determine the annualised return, including all its components, from the following bond transaction: a. on 27 April 2023 you purchase $12.35m face value bond maturing on 11 May 2030 which has a 2.70% coupon that is trading at a yield of 3.025% b. You sell this bond on 16 May 2023 at a yield of 3.195%(Please show all every steps in detail including formula used)

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