Question: Show Attempt History Current Attempt in Progress * Your answer is incorrect William Brown bought 10-year, 125 percent coupon bonds issued by the U.S. Treasury
Show Attempt History Current Attempt in Progress * Your answer is incorrect William Brown bought 10-year, 125 percent coupon bonds issued by the U.S. Treasury three years ago at $918.03. If he sells these bonds, for which he paid the face value of $1,000, at the current price of $811.35, what is his realized yield on the bonds? Assume similar coupon-paying bonds make annual coupon payments. (Round intermediate calculations to 5 decimal places, es 1.25145 and final answer to 2 decimal places, c.8. 15.25%) Realised rate of return 29.23 %
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