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A $10,000 face value 8% coupon corporate bond matures on July 10, 2030. You purchase the bond to settle on August 16, 2019 (M3 -

A $10,000 face value 8% coupon corporate bond matures on July 10, 2030. You purchase the bond to settle on August 16, 2019 (M3 - this is the settlement day) at quoted price of 102.235. Please, compute the bond's YTM as of the settlement date (M3). You must state the yield as a percentage with6 digitsafter the decimal point.

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