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You purchased some bonds from Barry Corporation for $978.50 each that have a coupon rate of 5% with semi-annual payments and 10 years left to
You purchased some bonds from Barry Corporation for $978.50 each that have a coupon rate of 5% with semi-annual payments and 10 years left to maturity. You held it four years and are selling it today. The current market rate for bonds with the same risk and time to maturity is 6%. What is your realized return on these bonds?
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