Question: Listen Question 5 0.5 Points A $5,000 bond with a bond rate of 5% payable semi-annually was purchased for $4,500, kept for 10 years

Listen Question 5 0.5 Points A $5,000 bond with a bond rate

Listen Question 5 0.5 Points A $5,000 bond with a bond rate of 5% payable semi-annually was purchased for $4,500, kept for 10 years and redeemed at face value. What is the effective annual return on investment (ROI)? Express your answer as a percentage (do not include %), rounded to 3 decimal places, e.g., 10.235% is 10.235. 6.469 Integer, decimal, or E notation allowed

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