Question: (1 point) Determine the yield rate j4 using linear interpolation, by first finding an approximate yield using method of averages and then using the next

 (1 point) Determine the yield rate j4 using linear interpolation, by

(1 point) Determine the yield rate j4 using linear interpolation, by first finding an approximate yield using method of averages and then using the next lowest and highest whole percent in linear interpolation (i.e. if using method of averages you find j2 = 5.27%, then use ja = 5% and j2 = 6% for linear interpolation) Face Value Redemption at Bond Interest Years to Redemption Purchase Price 1000 104 14 = 4.5% 15 910 Answer: %

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