Question: On the issue date, you bought a 1 5 - year maturity, 8 % semi - annual coupon bond. The bond then sold at YTM

On the issue date, you bought a 15-year maturity, 8% semi-annual coupon bond. The bond then sold at YTM of 7%. Now, five years later, the similar bond sells at YTM of 6%. If you hold the bond now, what is your realized rate of return for the 5-year holding period?

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