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You purchased bonds from Proctle and Gamptor ten yrs ago when they were issued at par of $1000. These bonds originally had 20 yrs until
You purchased bonds from Proctle and Gamptor ten yrs ago when they were issued at par of $1000. These bonds originally had 20 yrs until maturity, a semi-annual coupon payment and a coupon rate of 7%. You want to sell the bonds today, and the market price is $1035.88. If you sell these bonds today, what is your realized return?
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