Question: I need help figuring out how to solve this using a BA II Plus JK Corp has 4.8 percent coupon bonds on the market with

I need help figuring out how to solve this using a BA II Plus

JK Corp has 4.8 percent coupon bonds on the market with 13 years to maturity. Par value is $1,000. The bonds make semiannual payments and are currently selling at "106." What is the bond's current yield?

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