MarkHarrisbought 10-year,12.4percent coupon bonds issued by the U.S. Treasury three years ago at $908.72. If he sells these bonds, for which he paid the face value of $1,000, at the current price of $820.11, what is his realized yield on the bonds? Assume similar coupon-paying bonds make annual coupon payments.(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