Question: Question 4 ( 1 point ) Suppose you purchased, a 2 6 - year, 8 . 3 9 percent coupon ( annual payments ) bond
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Suppose you purchased, a year, percent coupon annual payments bond at par. You hold it for years and sell it so that you can take a vacation to Virgin Islands. At the time you sell the bond, year bonds with similar characteristics eg default risk sell at yields of percent. Calculate bond's realized yield.
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