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Consider a 6.3% coupon $100,000 face semi-annual ABC Corp. bond maturing June 20, 2033. James buys this bond from Carey on June 20, 2022 for
Consider a 6.3% coupon $100,000 face semi-annual ABC Corp. bond maturing June 20, 2033. James buys this bond from Carey on June 20, 2022 for $90,683.76 and sells it to you on December 20, 2027 for $97,088.84. What is James's realized yield on this investment (rounded % to three places after the decimal)? Note: Transaction dates are settlement dates.
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