Compute the current yield on a bond with a yield to maturity of 3.7%, a par value of $1000, a coupon rate of 4.9% paid semi- annually, a remaining life of 12 years? (Round to 100th of a percent and enter as a percentage, e.g. 12.34% as 12.34 and state as an annual rate.)

Compute the current yield on a bond with a yield to maturity of 3.7%, a par value of $1000, a coupon rate of 4.9% paid semiannually, a remaining life of 12 years? (Round to 100 th of a percent and enter as a percentage, e.g. 12.34\% as 12.34 and state as an annual rate.)