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Score: 0 of 1 pt 31 of 52 (34 complete) HW Score: 46.58%, 24.22 of 52 pts Question Help Exercise 1.15 What is the yield

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Score: 0 of 1 pt 31 of 52 (34 complete) HW Score: 46.58%, 24.22 of 52 pts Question Help Exercise 1.15 What is the yield to maturity on a bond that has a price of $3,000 and pays $250 of interest annually forever? Yield to maturity = percent (Round your response to two decimal places.)

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