Four years ago, you purchased a bond for $1,011.21. The bond had four years to maturity, a coupon rate of 8.9%, paid annually, and a face value of $1,000. Each year you reinvested all coupon interest at the prevailing reinvestment rate shown in the table below. Today is the bond's maturity date. What is your annualized realized compound yield on the bond? Show all the steps.
Time Reinvestment Rate
0 8%
1 8.45%
2 9.87%
3 7.68%
4 8.11%