You purchased a bond 87 days ago for $942.41. You received an interest payment of $16.00 86 days ago. Today the bond’s price is $1,156.14. What is the holding period return (HPR) on the bond as of today? (Negative value should be indicated by a minus sign. Round your answer to 2 decimal places.) HPR %.

Answer rating: 100% (QA)

To calculate the holding period return HPR on the bond we ... View the full answer