Question: 0.6points ItemSkipped eBook Print References Check my workCheck My Work button is now enabled Item 1 Item 1 0.6 points Item Skipped Parkway Void Co.

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Parkway Void Co. issued 15-year bonds two years ago at a coupon rate of 5.4 percent. The bonds make semiannual payments. If these bonds currently sell for 106 percent of par value, what is the YTM? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

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