Question: You bought a bond five years ago for $ 8 5 6 per bond. The bond is now selling for $ 8 5 0 .

You bought a bond five years ago for $856 per bond. The bond is now selling for $850. It also paid $60 in interest per year, which you
reinvested in the bond. Calculate the realized rate of return earned on this bond.
Note: Do not round intermediate calculations. Round your percentage answer to 2 decimal places. (e.g.,32.16)
You bought a bond five years ago for $856 per bond.

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