Question: 4 Moving to another question will save this response. Question 2 of 12 Question 2 8.3334 points Save Answer Wingline, Inc. $1,000 par value bonds

 4 Moving to another question will save this response. Question 2

4 Moving to another question will save this response. Question 2 of 12 Question 2 8.3334 points Save Answer Wingline, Inc. $1,000 par value bonds mature in 15 years and pay a quoted 6.2% coupon rate on a semi-annual basis. The bonds are currently selling in the market for $1,056.38 per bond. What is the bond's current yield? Submit your answer as a percentage and round to two decimal places (Ex. 0.00%)

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