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3 years ago, you paid $1,025 to buy a 10 year 7% semi-annual coupon bond. If the yield to maturity of the bond today is

3 years ago, you paid $1,025 to buy a 10 year 7% semi-annual coupon bond. If the yield to maturity of the bond today is 6%, what was the annual rate of return of this bond over the last 3 years?

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