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Business, 04.04.2020 11:56 richaeviney

Consider a 7.7% coupon $100,000 face semi-annual ABC Corp. bond maturing June 20, 2033. Bill buys this bond from Susan on June 20, 2022 for $90,683.76 and sells it to you on December 20, 2027 for $97,088.84. What is Bill's realized yield on this investment (rounded % to three places after the decimal)? Note: Transaction dates are settlement dates. Correct 9.498 ± 0.001

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