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An investor buys a 3-year bond with a 6% coupon, purchased for $960.99 with a promised yield of 7.5%. Suppose interest rates increase and the

An investor buys a 3-year bond with a 6% coupon, purchased for $960.99 with a promised yield of 7.5%. Suppose interest rates increase and the investor sold the bond for $750.79 after two years. What is the realized yield?

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