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Four years ago, Shirley Harper bought a 1 0 - year bond that pays a coupon of 7 percent semiannually for $ 9 7 5

Four years ago, Shirley Harper bought a 10-year bond that pays a coupon of 7 percent semiannually for $975. Today, she solat it for $1,100. What is the realized yield on her investment? (Round to the nearest percent.)
10%
5%
12%
7%
none of these
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