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John buys the following Bond: Coupon = 8 . 0 % , paid ANNUALLY ( once per year ) Face Value = $ 1 ,

John buys the following Bond:
Coupon =8.0%, paid ANNUALLY (once per year)
Face Value = $1,000
Purchase Price = $1,000
Maturity =5-years
John plans on reinvesting all the coupon payments. If interest rates fall to 5.0% right after John purchases the bond, what is the realized return on John's investment if John holds the bond until it matures?

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