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mattfury17 mattfury17
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At the time you purchase a bond and assuming all interest payments are made on time, you know the exact holding period return you will earn if

▸ the bond is called at any time prior to maturity.

▸ you resell the bond in exactly one year from the date of purchase.

▸ the market rate of interest declines within the next year.

▸ you hold the bond to maturity.
Textbook 

Fundamentals of Investing


Edition: 14th
Authors:
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billbyebillbye
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you hold the bond to maturity.

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