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Assume you purchase ( at par ) one 1 5 - year bond with a 6 . 7 5 percent coupon and a $ 1
Assume you purchase at par one year bond with a percent coupon and a $ face value. Suppose you are only able to reinvest the coupons at a rate of percent. If you sell the bond after years when the yield to maturity is percent, what is your realized yield? Do not round intermediate calculations. Round your answers to decimal places.
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tableFV$Selling price,Realized yield,
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