You bought a bond five years ago for 935 per bond the bond


You bought a bond five years ago for $935 per bond. The bond is now selling for $980. It also paid $75 in interest per year, which you reinvested in the bond. Calculate the realized rate of return earned on this bond.

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Finance Basics: You bought a bond five years ago for 935 per bond the bond
Reference No:- TGS0596000

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