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On the issue date, you bought a 30 year maturity, 5% semiannual coupon bond. The bond then sold at YTM of 6%. Now, seven years
On the issue date, you bought a 30 year maturity, 5% semiannual coupon bond. The bond then sold at YTM of 6%. Now, seven years later, the similar bond sells at YTM of 4%. If you hold the bond now, what is your realized rate of return for the 7 year holding period?
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