Question: On the issue date, you bought a 30-year maturity, 5% semi-annual coupon bond. The bond then sold at YTM of 6%. Now, seven years later,

On the issue date, you bought a 30-year maturity, 5% semi-annual coupon bond. The bond then sold at YTM of 6%. Now, seven years later, the similar bond sells at YTM of 7%. If you hold the bond now, what is your realized rate of return for the 7-year holding period?

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