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A $5,000 bond, redeemable at 105 on Sep. 1, 2014, has semiannual coupons at j2 = 2r. It is purchased for $5,203.69 on March 1,

A $5,000 bond, redeemable at 105 on Sep. 1, 2014, has semiannual coupons at j2 = 2r. It is purchased for $5,203.69 on March 1, 1993, to yield j2 = 12.5%. Find r.

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