What is his realized yield on the bonds

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Josh bought 10-year, 10.0 percent coupon bonds issued by the U.S. Treasury three years ago at $919.19. If he sells these bonds, for which he paid the face value of $1,000, at the current price of $825.28, what is his realized yield on the bonds? Assume similar coupon paying bonds make annual coupon payments.

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Reference no: EM131969751

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