Use the Information Below for the Following Problem(S)
Suppose you bought a GM corporate bond on January 25, 2001 for $750, on January 25, 2004 sold it for $650.00.
-Refer to Exhibit 1.2.What was your annual holding period yield?
A) -0.0466
B) -0.1333
C) 0.0333
D) 0.3534
E) 0.8667
Correct Answer:
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