Question: Question 6 --/1 View Policies Current Attempt in Progress Edward Lewis bought 10-year, 11.8 percent coupon bonds issued by the U.S. Treasury three years ago

Question 6 --/1 View Policies Current Attempt in Progress Edward Lewis

Question 6 --/1 View Policies Current Attempt in Progress Edward Lewis bought 10-year, 11.8 percent coupon bonds issued by the U.S. Treasury three years ago at $915.06. If he sells these bonds, for which he paid the face value of $1,000, at the current price of $811.17, what is his realized yield on the bonds? Assume similar coupon-paying bonds make annual coupon payments. (Round intermediate calculations to 5 decimal places, e.g. 1.25145 and final answer to 2 decimal places, e.g. 15.25%.) Realised rate of return

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