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One year ago, you purchased a $1,000 face value bond at a yield to maturity of 9.45%. The bond has a 9% coupon and pays
One year ago, you purchased a $1,000 face value bond at a yield to maturity of 9.45%. The bond has a 9% coupon and pays interest semiannually. When you purchased the bond, it had 12 years left until maturity. You are selling the bond today when the yield to maturity is 8.20%. What is your realized yield on this bond?
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17.60%
18.11%
14.54%
15.27%
16.35%
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