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An investor with a 5 - year investment horizon spent $ 9 1 3 . 5 4 on purchasing a 1 5 - year bond.

An investor with a 5-year investment horizon spent $913.54 on purchasing a 15-year bond.
Her projected total cash inflow (from selling the then 10-year bond and the reinvestment of the first 10 coupon payments) at the end of year 5 is $1,557.13.
What is the annualized total return?
Hint: please calculate the semi-annual return, then double it.
Group of answer choices
-5.19%
0
5.48%
10.95%

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