suppose you bought a 5- year-zero coupon Treasury bond for $800 per $1000 face value. Suppose after 3 years, the yield to maturity on comparable bonds declines to 3%. Calculate the holding period return if you sell the bond at that time

suppose you bought a 5- year-zero coupon Treasury bond for $800 per $1000 face value. Suppose after 3 years, the yield to maturity on comparable bonds declines to 3%. Calculate the holding period return if you sell the bond at that time

EBK CONTEMPORARY FINANCIAL MANAGEMENT

14th Edition

ISBN:9781337514835

Author:MOYER

Publisher:MOYER

Chapter6: Fixed-income Securities: Characteristics And Valuation

Section: Chapter Questions

Problem 8P

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