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Chris Anderson bought 1 0 - year, 1 1 . 5 0 percent coupon bonds issued by the U . S . Treasury three years
Chris Anderson bought year, percent coupon bonds issued by the US Treasury three years ago at $ If he sells these $ face value bonds, at the current price of $ what is his realized yield on the bonds? Assume similar couponpaying bonds make annual coupon payments. Round intermediate calculations to decimal places, eg and final answer to decimal places, eg
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