Question: Check My Work (1 remaining) ca eBook M Problem Walk-Through Last year Janet purchased a $1,000 face value corporate bond with a 9% annual coupon

Check My Work (1 remaining) ca eBook M Problem Walk-Through Last year Janet purchased a $1,000 face value corporate bond with a 9% annual coupon rate and a 30-year maturity. At the time of the purchase, it had an expected yield to maturity of 9.15%. If Janet sold the bond today for $1,068.65, what rate of return would she have earned for the past year? Do not round intermediate calculations, Round your answer to two decimal places. 18.67 % Hide Feedback Incorrect

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