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Ruth Lewis wants to invest in four-year bonds that are currently priced at $865.80. These bonds have a coupon rate of 6.0 percent and make

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Ruth Lewis wants to invest in four-year bonds that are currently priced at $865.80. These bonds have a coupon rate of 6.0 percent and make semiannual coupon payments. What is the current market yield on this bond? (Round intermediate calculations to 5 decimal places, eg. 1.25145 and final answer to 2 decimal places, eg. 15.25%.) Current market yield Click if you would like to Show Work for this question: Oen Show work

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