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A 3 0 - year maturity, 8 % coupon bond paying coupons semiannually is callable in five years at a call price of $ 1

A
3
0
-
year maturity,
8
%
coupon bond paying coupons semiannually is callable in five years at a call price of $
1
,
1
0
0
.
The bond currently sells at a yield to maturity of
6
%
(
3
%
per half
-
year
)
.
what is the yield to call annually
(
do not round intermediate calculation. round your answer to
3
decimal places
) excel formula

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