Question: BCtronics Corp. issued 12 year bonds 2 years ago with a coupon rate of 9.2%.The bonds make semiannual payments and have a $1,000 par value.If

BCtronics Corp. issued 12 year bonds 2 years ago with a coupon rate of 9.2%.The bonds make semiannual payments and have a $1,000 par value.If these bonds currently sell for 104% of par value, what is the YTM? (Show your answer as a percentage with 2 decimal places, without a %. For example, 5.27.)

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