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a 8-year bond at $97 per $100 par value that pays a 7.8% coupon per annum. Further assume that bond pays coupon semi-annually, and coupons

a 8-year bond at $97 per $100 par value that pays a 7.8% coupon per annum. Further assume that bond pays coupon semi-annually, and coupons can be reinvested at 3.0% semi-annually for first 6 years. The yield to maturity of a 2-years comparable bond after 6 years is 5%. If you hold the bond for 6 years, what will be your total return? Please write the answer in four decimal places and NOT PERCENTAGE

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