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Now let's look from the view of the investor who buys an 5 percent semiannual bond with 15 years remaining to maturity, when market rates

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Now let's look from the view of the investor who buys an 5 percent semiannual bond with 15 years remaining to maturity, when market rates are 5.20%. If this investor pays $973.99 for the bond, what is his current yield? (please use or round to 4 decimal places, if your answer is 3:0892%, enter 0.0309. if your answer is 3%, enter 0.0300)

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