Assume you purchase (at par) one 16-year bond with a 6.70 percent coupon and a $1,000 face value. Suppose you are only able to reinvest the coupons at a rate of 4.70 percent. If you sell the bond after 11 years when the yield to maturity is 7.70 percent, what is your realized yield? Note: Do not round intermediate calculations. Round your answers to 2 decimal places. Face Value Selling price Realized yield

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