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Eight years ago, Natalia purchased an 8.25% $1,000 bond for 107 1/2 plus brokerage feestotaling $28.Natalia received interest checks semiannually.Immediately after receiving her 16th interest

Eight years ago, Natalia purchased an 8.25% $1,000 bond for 107 1/2 plus brokerage feestotaling $28.Natalia received interest checks semiannually.Immediately after receiving her 16th interest check, she sold the bond for 114 less brokerage fees totaling $55.Calculate Natalia's rate of return.

3.66%

7.03%

7.33%

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