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Calculate the realized compound yield for the following investment: Investment horizon: 7.5 years Bond purchased: 6% coupon rate with semiannual payments, $1,000 face value, 12

Calculate the realized compound yield for the following investment: Investment horizon:

7.5 years Bond purchased: 6% coupon rate with semiannual payments, $1,000 face value, 12 years to maturity, 5.5% yield to maturity Coupon reinvestment rate 4.5% Bond YTM at sale 4.8%

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