A 5 20 Percent Coupon Bond With 15 Years Left To Maturity Is Offered For Sale At 935 2459009
A 5.20 percent coupon bond with 15 years left to maturity is offered for sale at $935.22. What yield to maturity is the bond offering? (Assume interest payments are semiannual.) (Round your answer to 2 decimal places.) Yeild to maturity _______%