Question: 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

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  

b. on 11 May 2031 which has a 2.2% coupon that is trading at a yield of 2.025%  You sell this bond on 16 May 2023 at a yield of 2.095%  

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