Question: One More Time Software has 7.61% coupon bonds on the market with 22 years to maturity. The bonds make semiannual payments and currently sell for

One More Time Software has 7.61% coupon bonds on the market with 22 years to maturity. The bonds make semiannual payments and currently sell for 114.28% of par. What is the current yield on the bonds? (Round your final answer to two decimal places and express in percentage form; i.e., x.xx%)

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