Realized yield brown amp co. issued seven-year bonds two, Ask an Expert

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Realized yield: Brown & Co. issued seven-year bonds two years ago that can be called after five years. The bond makes semiannual coupon payments at a coupon rate of 7.875 percent. The bond has a market value of $1,053.40, and the call price is $1,078.75. If the bonds are called by the firm, what is the investor's realized yield?

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