Question: If possible, please explain how to do this on financial calculator! Thank you. Last year Janet purchased a $1,000 face value corporate bond with a

If possible, please explain how to do this on financial calculator! Thank

If possible, please explain how to do this on financial calculator! Thank you.

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 7.82%. If Janet sold the bond today for $1,079.41, what rate of return would she have earned for the past year? Do not round intermediate calculations. Round your answer to two decimal places. %

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