Question: 8 will you please show your work thank you! ABC Enterprises' noncallable bonds currently sell for $1,072.50. They have a 5-year maturity, an annual coupon

8 will you please show your work thank you!

ABC Enterprises' noncallable bonds currently sell for $1,072.50. They have a 5-year maturity, an annual coupon of $115, and a par value of $1000. What is their yield to maturity? Round your answer to two decimal places. For example, if your answer is $345.6671 round as 345.67 and if your answer is .05718 or 5.7182% round as 5.72 9.61% 11.14% 10.76% 9.22% 7.78%

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