Question: Back to Assignment Attempts Keep the Highest / 2 B. Problem 7.17 (Bond Returns) eBook Preblem Walk-Through Last year Janet purchased a $1,000 face value

Back to Assignment Attempts Keep the Highest / 2 B. Problem 7.17 (Bond Returns) eBook Preblem Walk-Through Last year Janet purchased a $1,000 face value corporate bond with a 7 annual coupon rate and a 25-year maturity. At the time of the purchase, it had an expected yield to maturity of 737%. 1 Janet sold the bond today for $1,133,77, 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

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