Compute your realized rate of return

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Seven years ago, you purchased a bond with a 30 year maturity and a 7 percent annual coupon. The bond was issued with a 7 percent call premium. You originally paid $1,086 for the bond and the company just called the bond. Compute your realized rate of return? calculate this problem and write the solution in both financial calculator and formula ways.

Reference no: EM131814630

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