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George Robinson bought 10 year, 13.4 percent coupon bonds issued by the US Treasury three years ago at $912.15. If he sells these bonds, for

George Robinson bought 10 year, 13.4 percent coupon bonds issued by the US Treasury three years ago at $912.15. If he sells these bonds, for which he paid the face value of $1,000, at the current price of $847.63, what is his realized yeild on the bonds? Assume similar coupon paying bonds make annual coupon payments.

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