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You buy a 8.5% semi-annual bond maturing in exactly 17 years for 107.477. You hold the bond for 10 years. Then you sell the bond
You buy a 8.5% semi-annual bond maturing in exactly 17 years for 107.477. You hold the bond for 10 years. Then you sell the bond at 102.2766. Your holding period (realized) yield on this investment is:
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