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A 4% semiannual coupon bond has a par value of $1,000 and a yield-to-maturity of 6%. You purchase the bond when it has exactly 22

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A 4% semiannual coupon bond has a par value of $1,000 and a yield-to-maturity of 6%. You purchase the bond when it has exactly 22 years remaining until maturity. What is this bond's annual "current yield"? Enter your answer as a percentage and show 2 decimal places. For example, if your answer is .0625 , enter 6.25 . A 4% semiannual coupon bond has a par value of $1,000 and a yield-to-maturity of 6%. You purchase the bond when it has exactly 22 years remaining until maturity. What is this bond's annual "current yield"? Enter your answer as a percentage and show 2 decimal places. For example, if your answer is .0625 , enter 6.25

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