Question: A bond sells for $ 9 5 2 . 0 8 and has a coupon rate of 8 . 0 0 percent. If the bond

A bond sells for $952.08 and has a coupon rate of 8.00 percent. If the bond has 22 years until maturity, what is the yield to maturity of the bond? Assume semiannual compounding. (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.)
Yield to maturity
%
A bond sells for $952.08 and has a coupon rate of

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