Dean Yeagley bought a $1,000 face value, 7% coupon, 15-year bond for $1,100. Seven years after she bought the bond, she sold it for $1,200. What was her holding period yield? a. 9.16% b. 5.26% C. 7.40% d. 6.73%

Dean Yeagley bought a $1,000 face value, 7% coupon, 15-year bond for $1,100. Seven years after she bought the bond, she sold it for $1,200. What was her holding period yield? a. 9.16% b. 5.26% C. 7.40% d. 6.73%

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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Stepwise pls and only correct

Dean Yeagley bought a $1,000 face value,
7% coupon, 15-year bond for $1,100.
Seven years after she bought the bond,
she sold it for $1,200. What was her
holding period yield?
a.
9.16%
b.
5.26%
C.
7.40%
d.
6.73%

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Dean Yeagley bought a $1,000 face value, 7% coupon, 15-year bond for $1,100. Seven years after she bought the bond, she sold it for $1,200. What was her holding period yield? a. 6.73% b. 7.40% c. 9.16% d. 5.26%
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