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Jorge cabrera paid $1054.36 for a 15 year bond 10 years ago the bond pays a coupon of 10% semiannually. Today the bond is priced

Jorge cabrera paid $1054.36 for a 15 year bond 10 years ago the bond pays a coupon of 10% semiannually. Today the bond is priced at $980. if he sold the bond today what would be his realized yield?

11%

12%

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