A 6-year maturity bond with face value of $1,000 makes annual coupon payments of $98 and is selling at face value. What will be the rate of return on the bond if its yield to maturity at the end of the year is: (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places.)

Check my work 8 A 6-year maturity bond with face value of $1,000 makes annual coupon payments of $98 and is selling at face value. What will be the rate of return on the bond if its yield to maturity at the end of the year is: (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places.) 10 points Rate of Return a/ 6% bi 9.8% eBook Print References Reference links 6.4 Bond Rates of Return