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Assume that Peter purchased a 24-year, 5.28 percent coupon (annual payments) bond at par ($1,000). He sold the bond after 6 years for $827.25. He

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Assume that Peter purchased a 24-year, 5.28 percent coupon (annual payments) bond at par ($1,000). He sold the bond after 6 years for $827.25. He reinvested the coupon payments at the 3.71 percent compounded annually. Calculate bond's total yield

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