Question: Hello how would I solve this using my BA II Plus You purchased a 5-year, semiannual coupon bond six months ago. Its coupon rate was

Hello how would I solve this using my BA II Plus

You purchased a 5-year, semiannual coupon bond six months ago. Its coupon rate was 6%, and its par value was $1,000. At the time you purchased the bond, the yield to maturity was 4%. If you sold the bond after receiving the first interest payment and the bonds yield to maturity had changed to 3%, your annual rate of return on holding the bond for this period would have been approximately __________.

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