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* Your answer is incorrect. Paul White bought 10 year, 10.8 percent coupon bonds issued by the U.S. Treasury three years ago at $902.98. If

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* Your answer is incorrect. Paul White bought 10 year, 10.8 percent coupon bonds issued by the U.S. Treasury three years ago at $902.98. If he sells these bonds, for which he paid the face value of $1,000, at the current price of $840.93, what is his realized yield on the bonds? Assume similar coupon-paying bonds make annual coupon payments. (Round intermediate calculations to 5 decimal places, eg. 1.25145 and final answer to 2 decimal places, eg. 15.25%) Realised rate of return 5.09 %

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