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You buy a 1 0 - year 4 % annual bond for 1 1 0 , hold it for one year, receive the coupon cash

You buy a 10-year 4% annual bond for 110, hold it for one year, receive the coupon cash flow, and sell it for 103.
The realized yield on your investment to two decimal places is %
Hint. What did you pay for the bond? What is your profit from the bond (coupon plus capital gain)? Divide profit by what you paid.

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