USE THE INFORMATION BELOW FOR THE FOLLOWING PROBLEM(S)

Multiple Choice

USE THE INFORMATION BELOW FOR THE FOLLOWING PROBLEM(S)
Suppose you bought a GM corporate bond on January 25, 2001 for $750 and solid it on January 25, 2004 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