Question: = Suppose you just purchased a bond (Face Value = $1,000) with 11 years to maturity that pays an annual coupon of $32.00 and is

= Suppose you just purchased a bond (Face Value = $1,000)

= Suppose you just purchased a bond (Face Value = $1,000) with 11 years to maturity that pays an annual coupon of $32.00 and is selling at par. Calculate the one-year holding period return for each of these two cases: Required: a. The yield to maturity is 5.10% one year from now. (Do not round intermediate calculations. Negative value should be indicated by a minus sign. Round your answer to 2 decimal places.) HPR % b. The yield to maturity is 2.10% one year from now. (Do not round intermediate calculations. Round your answer to 2 decimal places.) HPR %

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