Karen just bought a 10year, 6% coupon bond with $1,000 par for $805. If she seis this bond two years later for $920, what is her cealized yould in year 3 (wth semiannual intereats)? Fealized Yield is the ntum camed on a bond given the cant flows actually recived by the invetor It mpresents the intarst nete at which the present value of actual caik flows gamental by the invetment equals the bond's price Time0 1 2 3 4 10 yoarm gupon (C) Value (F) Coupon Rate C= Coupon Payment =mCoupenlate Par Value -The Realired Yield is quoted as an annual percentage rate (APR) - Recall APR = periodic rate(i) x m - So, Realized Yield = periodic rate (i) m