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You buy a 7.08%, 18-year bond selling to yield 11.5%. In 3 years, the bond is yielding 10.4% and you sell at that time. Calculate

You buy a 7.08%, 18-year bond selling to yield 11.5%. In 3 years, the bond is yielding 10.4% and you sell at that time. Calculate your percentage return from this trade using your financial calcultor.

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