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Rachel McGovern bought a 20-year bond for $850 four years ago. The bond pays a coupon of 9 percent semiannually. Today, the bond is priced

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Rachel McGovern bought a 20-year bond for $850 four years ago. The bond pays a coupon of 9 percent semiannually. Today, the bond is priced at $961.92. If she sold the bond today, what would be her realized yield? (Round to the nearest percent.) 13%18%6.6%10%17% none of these

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