What is the holding period return for the year on bond

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What is the holding period return for the year on a bond with a par value of $1,000 37. and a coupon rate of 8.5% if its price at the beginning of the year was $1,215 and its price at the end of the year was $1,020? Assume interest is paid annually.

A. -11.00% B. -10.78% C. -9.05% D. 10.50%

Reference no: EM131337971

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