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Joseph Moore bought 1 0 - year, 1 0 . 2 0 percent coupon bonds issued by the U . S . Treasury three years

Joseph Moore bought 10-year, 10.20 percent coupon bonds issued by the U.S. Treasury three years ago at $912.31. If he sells these $1,000 face value bonds, at the current price of $838.06, what is his realized yield on the bonds? Assume similar coupon-paying bonds make annual coupon payments. (Round intermediate calculations to 5 decimal places, e.g.1.25145 and final answer to 2 decimal places, e.g.15.25%.)

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