Calculate the total realised compound yield

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An 8-year 10% Treasury bond is sold to yield j2j2a. Calculate the total realised compound yield (TRCY) as a j2 = 14% p.a. Suppose coupon payments reinvested at = 11% p.a. This Treasury bond's face value of $100 that matures at par rate. Give your answer as a percentage correct to two decimal places.

Reference no: EM133061039

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