Question: Can someone please explain how to solve this? thanks in advance! 13 years ago you bought a bond for $958. You collected yearly coupons of

Can someone please explain how to solve this? thanks in advance!

13 years ago you bought a bond for $958. You collected yearly coupons of $28 starting one year after purchase. You just sold the bond for 1,069 , just after collecting the most recent coupon. You reinvested the first coupon at a rate of 3% and the second coupon at a rate of 5%. What is the realized yield of this investment, given that all other coupons were not reinvested? Answer in decimal form. Your

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