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  3. upon issue date, you purchased a 20-year maturity,

Upon issue date, you purchased a 20-year maturity, 6% semi-annual coupon bond. The bond then...

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Finance

Upon issue date, you purchased a 20-year maturity, 6% semi-annual coupon bond.

The bond then sold at YTM of 7%.

Now, four years later, the similar bond sells at YTM of 5%.

If you hold the bond now, what is your realized rate of return for the 4-year holding period

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