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A 14-year, 8% coupon, paid semiannually, option-free bond is currently traded at 109. If an investor reinvests coupon income at 6%, what is the total

A 14-year, 8% coupon, paid semiannually, option-free bond is currently traded at 109. If an investor reinvests coupon income at 6%, what is the total return of the investment? Keep four decimals, e.g., 10.1234%.

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