You buy an 9-year $1,000 par value bond today that has a 6.60% yield and a...

You buy an 9-year $1,000 par value bond today that has a 6.60% yield and a 6.60% annual payment coupon. In 1 year promised yields have risen to 7.60%. Your 1-year holding-period return was ___. Multiple Choice 0.77% –5.83% 1.54% –3.69%

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jeff jeffy answered 1 year ago

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