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Four years ago, Barbara Stills bought six-year, 5.7 percent coupon bonds issued by the Ivanhoe Corp. for $947.36. If she sells these bonds at the
Four years ago, Barbara Stills bought six-year, 5.7 percent coupon bonds issued by the Ivanhoe Corp. for $947.36. If she sells these bonds at the current price of $89286, what will be her realized yield on the bonds? Assume similar coupon-paying bonds make annual coupon payments. Assume face value is $1,000. (Round intermediate calculations to 5 decimal places, e.g. 1.25145 and final answer to 2 decimal places, e.g. 15.25\%.) Realised rate of return %
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