Problem 3-1 (LG 3-1) You bought a bond five years ago for $903 per bond. The bond is now selling for $810. It also paid $75 in interest per year, which you reinvested in the bond. Calculate the...

the answer is not 1% or 1.99%

Extracted text: Problem 3-1 (LG 3-1) You bought a bond five years ago for $903 per bond. The bond is now selling for $810. It also paid $75 in interest per year, which you reinvested in the bond. Calculate the realized rate of return earned on this bond. (Do not round intermediate calculations. Round your answer to 2 decimal places. (e.g., 32.16)) Realized rate of return %