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QUESTION
10 years, 6% coupon, annual. You hold it for 4 years, and sell:if YTM was 5% when you bought and sold. What is the rate of return on your investment?...
10 years, 6% coupon, annual. You hold it for 4 years, and sell:if YTM was 5% when you bought and sold. What is the rate of return on your investment?
b/ suppose YTM =5% when you bought and YTM =6% when you sold. What is the rate of return on your investment?
