(Answered) Assume jina bought a bond with a 10-year maturity at 450

Engineering

Assume Jina bought a bond with a 10-year maturity at $450. Coupons are paid semiannually. At the end of the 10 years, the investor has a total ending wealth of $1,000. What is her realized compound yield (RCY) on this investment on a bond equivalent basis?

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