A five$-$year treasury bond has a $4\mathrm{.}7\%$ yield a $10$ year treasury bond yield $6\mathrm{.}9\%$ and a $10$ year corporate bond yields $9\mathrm{.}5\%.$ The market expects that inflation will average $2\mathrm{.}8\%$ over the next $10$ years assume that there is no maturity, risk, premium, and that the annual risk free rate Will remain consistent over the next $10$ years. A five$-$year corporate bond has the same default risk premium and liquidy premium as the $10$ year corporate bond described. What is the yield on this five$-$year corporate bond round your answer to one decimal place.