Jorge cabrera paid 980 for a 15-year bond 10 years ago the
Jorge Cabrera paid $980 for a 15-year bond 10 years ago. The bond pays a coupon of 10 percent semiannually. Today, the bond is priced at $1,054.36. If he sells the bond today, what will be his realized yield?
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jorge cabrera paid 980 for a 15-year bond 10 years ago the bond pays a coupon of 10 percent semiannually today the bond
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