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B 1 Intro You purchase the following bond. The bond makes interest payments on May 15 and Nov. 15 of every year: A Purchase date

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B 1 Intro You purchase the following bond. The bond makes interest payments on May 15 and Nov. 15 of every year: A Purchase date 4/7/2022 2 Price (% of par) 93.27 Face value $1,000 Coupon rate 5.9% Maturity date 11/15/2032 Payment frequency Semiannual 7 Day count basis 30/360 3 4 5 09 IB Attempt 1/10 for 1.5 pts. Part 1 What is the bond's YTM using Excel's YIELD function? 3+ decimals

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