Suppose a three$-$year zero$-$coupon bond with face value $$100$ is trading at $$80.$ The corresponding effective annual YTM for this bond is

Instruction: Type your answer as a decimal, and round to two places. E$.$g$.,$ if your answer is $0\mathrm{.}0106465$ or $1\mathrm{.}06465\%,$ should type ONLY the number $\mathrm{.}01,$ not $0\mathrm{.}0106465,0\mathrm{.}0106,$ nor

$1\mathrm{.}06\%.$ Otherwise, Blackboard will treat it as a wrong answer.