Question: Help and explanation finding the realized compound return for the 3 year investment. Consider a three-year 7% coupon bond selling at par value, annual coupon.

Help and explanation finding the realized compound return for the 3 year investment.

Consider a three-year 7% coupon bond selling at par value, annual coupon. If the investor of the bond holds the bond till maturity and manages to invest all the coupons at 7% after receiving them, what is the Realized Compound Return for their 3-year investment? Round to the nearest 0.01% and enter your answer as a percentage. For example: if you find YTM to be "12.34%", enter "12.34" as the
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