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On January 1 , 2 0 1 6 , you purchased a $ 1 , 0 0 0 par value, 6 % BC Government bond
On January you purchased a $ par value, BC Government bond with semiannual payments, and a maturity date of December Coupons are paid on June th and December st ever year. At the time of purchase, the YTM was and you paid $
Assume that instead of selling the bond after year as in part you kept the bond until maturity. You did not reinvest the coupons.
What will your net realized return be
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