Back to Assignment Attempts: Keep the Highest: 1 7. Problem 7.17 Click here to read the eBook: Bond Yields Click here to read the eBook: Changes in Bond Values over Time BOND RETURNS Last year Janet purchased a $1,000 face value corporate bond with an 8% annual coupon rate and a 25-year maturity. At the time of the purchase, it had an expected yield to maturity of 12.94%. I anet sold the bond today for $1,066.37, what rate of return would she have earned for the past year? Do not round intermediate calculations. Round your answer to two decimal places. Grade It Now Save & Continue Continue without saving