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please show your working. 1. Five years ago, Shirley Harper bought a 10-year bond that pays 8 percent semiannually for $981.10. Today, she sold it
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1. Five years ago, Shirley Harper bought a 10-year bond that pays 8 percent semiannually for $981.10. Today, she sold it for $1,067.22. What is the realised yield on her investment? (Round to the nearest percent.) A. 7% B. 8% C. 9% I D. 10% E. 11%Step by Step Solution
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