Realised yield: Josh Kavern bought 10-year, 10.76 percent coupon bonds issued by the Australian Government three...

Realised yield: Josh Kavern bought 10-year, 10.76 percent coupon bonds issued by the Australian Government three years ago at $913.44. If he sells these bonds, which have a face value of $1,000, at the current price of $809.05, the realised yield on the bond is ________________% (Assume annual coupons on similar coupon-paying bonds).

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jeff jeffy answered 2 months ago

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