Three years ago, Brad Smith bought a ten-year, 6% coupon bond issued by Nvidia Corporation for $1,027.90. These bonds pay coupons semi-annually. If he sells this bond at the current price of $1,141.35, what will be his realized yield on this bond?
Group of answer choices
9.12%
9.98%
4.99%
2.03%
4.56%
Hence, correct option is 9.12% (4.56%*2)
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