You bought a zero-coupon bond two years ago when the bond had 20-years left to maturity. The bond's face value is $1,000, and its YTM was 6%. If you sell this bond today and the current YTM is 5.1%, what is your holding period return? 31.0% 30.0% 29.2% 33.8% 32.4%

You bought a zero-coupon bond two years ago when the bond had 20-years left to maturity. The bond's face value is $1,000, and its YTM was 6%. If you sell this bond today and the current YTM is 5.1%, what is your holding period return? 31.0% 30.0% 29.2% 33.8% 32.4%

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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