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Question 5 0/1 View Policies Show Attempt History Current Attempt in Progress X Your answer is incorrect. Dorothy Taylor wants to invest in four-year bonds

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Question 5 0/1 View Policies Show Attempt History Current Attempt in Progress X Your answer is incorrect. Dorothy Taylor wants to invest in four-year bonds that are currently priced at $868.79. These bonds have a coupon rate of 6.1 percent and make semiannual coupon payments. What is the current market yield on this bond? (Round intermediate calculations to 5 decimal places, e.g. 1.25145 and final answer to 2 decimal places, e.g. 15.25%.) Current market yield 7.02 %

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