Find out the realized compound yield

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You are considering a bond with a 4.2%% coupon rate, 18 years until maturity, and a $1,000 par If the bond's quoted price is 104.14, and you can reinvest the coupon payments at a 3.9% rate return, what will your realized compound yield be if you hold the bond until maturity?

Reference no: EM133002198

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