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Today you are buying a 9-year, 6% coupon bond that is selling at a bond yield of 10%. The coupon is paid annually. You plan

Today you are buying a 9-year, 6% coupon bond that is selling at a bond yield of 10%. The coupon is paid annually. You plan on holding the bond for five years. The reinvestment rate for coupon payments is 8%. If you want to earn a 10% rate of return on this investment, what yield should the bond have at the end of your holding period?

The correct answer is 9.51%. Can you please show me how to get their while using a financial calculator?

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