Question: A 3.9% coupon bond with 6 months remaining until maturity is currently trading at 98.27 (as quoted on the finra.org website). Assume semi-annual coupon payments.

A 3.9% coupon bond with 6 months remaining until maturity is

A 3.9% coupon bond with 6 months remaining until maturity is currently trading at "98.27" (as quoted on the finra.org website). Assume semi-annual coupon payments. The bond's YTM is %. Do not round any intermediate work. Round your *final* answer to 2 decimal places (example: .1234567 = 12.35). Do not enter the % sign. Margin of error for correct responses: +/- .03%

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