4 points Save Answer You buy an annual 100 bond with a 14% coupon when interest rates are 8% p.a. At this point in time, the bond has 10 years until maturity. Interest rates rise by 4% p.a. immediately after your purchase and remain constant until you sell it in 4 years' time. What is your Realised Compound Yield (RCY) on this bond? RCY= 12.325 %