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A 6% coupon bond with 6 months remaining until maturity is currently trading at $995. Assume semi-annual coupon payments. The bond's YTM is__________%. Margin of

A 6% coupon bond with 6 months remaining until maturity is currently trading at $995. Assume semi-annual coupon payments. The bond's YTM is__________%.

Margin of error for correct responses: +/- .03(%).

Rounding and Formatting instructions: Do not enter % in your response. Do not round any intermediate work. Your *final* response should be rounded to 2 decimal places (example: if your answer is 12.346%, you should enter 12.35).

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