Question: You have purchased a 5-year, 6 percent. Bond while it is yield to maturity was 8 percent. 2 years later you sold the bond while

You have purchased a 5-year, 6 percent. Bond while it is yield to maturity was 8 percent. 2 years later you sold the bond while its yield is 10 percent. face value of the bond is 1000

What is your annual holding period return during this 2-year period?

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