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Help and explanation finding the Realized Compound Return for the 3-year investment Question 3 1 pts Consider a three-year 7% coupon bond selling at par

Help and explanation finding the Realized Compound Return for the 3-year investment

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Question 3 1 pts Consider a three-year 7% coupon bond selling at par value, annual coupon. If the investor of the bond holds the bond till maturity and manages to invest all the coupons at 8% after receiving them, what is the Realized Compound Return for their 3-year investment? Round to the nearest 0.01% and enter your answer as a percentage. For example: if you find YTM to be "12.34%", enter "12.34" as the

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