Question: on the issue date you bought a 20 year maturity 6% semiannual coupon Bond the bond then sold at YTM of 7% now four years
on the issue date you bought a 20 year maturity 6% semiannual 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.
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