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You bought a 8% coupon bond 4 years ago for $1300. The bond is now selling for $1125. Calculate the realized rate of return earned

You bought a 8% coupon bond 4 years ago for $1300. The bond is now selling for $1125. Calculate the realized rate of return earned on this bond. Round intermediate steps and your final answer to four decimals. Enter your final answer in decimal format (.XXXX).

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