What is the realized rate of return for those investors who


Six years ago, Bradford Community Hospital issued 20-year municipal bonds with a 7 percent annual coupon rate. The bonds were called today for a $70 call premium-that is, bondholders received $1,070\ for each bond. What is the realized rate of return for those investors who bought the bonds for $1,000 when they were issued?

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Econometrics: What is the realized rate of return for those investors who
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