Question: You purchased a 4 - year bond with 5 % annual coupons. You hold the bond for 2 years, and sell it immediately after receiving
You purchased a year bond with annual coupons. You hold the bond for years, and sell it immediately after receiving the second coupon payment. When you bought the bond years ago, the yield to maturity was When you sold the bond, the yield to maturity was Face value What is the annual rate of return of your investment?
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