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Assume you purchase ( at par ) one 1 7 - year bond with a 6 . 3 5 percent coupon and a $ 1

Assume you purchase (at par) one 17-year bond with a 6.35 percent coupon and a $1,000 face value. Suppose you are only able to
reinvest the coupons at a rate of 4.35 percent. If you sell the bond after 12 years when the yield to maturity is 7.35 percent, what is your
realized yield?
Note: Do not round intermediate calculations. Round your answers to 2 decimal places.
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