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Question 7. Karen just bought a 10-year, 5% coupon bond with $1,000 par for $825. If she sells this bond four years later for $950,

Question 7. Karen just bought a 10-year, 5% coupon bond with $1,000 par for $825. If she sells this bond four years later for $950, what is her realized yield in year 4 (with semi-annual interests)

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