Suppose you purchase a coupon bond today for $810 and expect to hold the bond for 3
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Question:
Suppose you purchase a coupon bond today for $810 and expect to hold the bond for 3 years at which time you expect to sell it for $814. The bond has a coupon rate of 8.13% and makes semiannual coupon payments - you expect to collect 2x3 coupon payments over the 3-year horizon. Find the expected holding period return on your investment.
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