One year ago, you purchased a 10-year 8% annual coupon bond when the market interest rate on similar bonds was 6%. Today you received the first coupon payment, and the bond's yield to maturity is 5%. If you sell the bond today, what will be your holding period return?
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Home » Business » One year ago, you purchased a 10-year 8% annual coupon bond when the market interest rate on similar bonds was 6%. Today you received the first coupon payment, and the bond's yield to maturity is 5%.