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A bond with a five-year maturity, semi-annual coupon of 3% and a face value of $500,000 is selling for $466,751,70. What is the bond's yield-to-maturity?

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A bond with a five-year maturity, semi-annual coupon of 3% and a face value of $500,000 is selling for $466,751,70. What is the bond's yield-to-maturity? State your answer as a percentage and round to 2 decimals. For example, a YTM of 7.55% is stated as 7.55 . Blank 1

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