last year you purchased a 10 year semi-annual coupon bond with coupon rate of 12% and...

last year you purchased a 10 year semi-annual coupon bond with coupon rate of 12% and face value of $1000. the bonds yield to maturity was 11% then. a year past and the market interest rate increases by 1 percentage point. your one-year holding period return is____% (rounded with two decimal places)

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jeff jeffy answered 10 months ago

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