Multiple Choice
Rachel McGovern bought a 10-year bond for $921.77 seven years ago. The bond pays a coupon of 15 percent semiannually. Today, the bond is priced at $961.22. If she sold the bond today, what would be her realized yield? (Round to the nearest percent.)
A) 17%
B) 18%
C) 9%
D) 10%
Correct Answer:
Verified
Correct Answer:
Verified
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