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A semi-annual bond has a yield to maturity of 5.50% and 7 years to maturity. The coupon is 3.50%. If the coupons are reinvested at
A semi-annual bond has a yield to maturity of 5.50% and 7 years to maturity. The coupon is 3.50%. If the coupons are reinvested at 5.25%, what is the realized compound yield?
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