A company is trying to estimate the cost of debt for a new project. For their estimate, they will find the yleld to maturity on existing company bonds. They have one outstanding bond issue at the moment that will mature in 15,00 years. The bond pays an annual coupon of 9.00%, with a face value of $1,000. The bond currently trades at 95.00% of face value. What is the yleld to maturity on the existing debt? Answer format: Percentage Round to: 2 decimal places (Example: 9.24\%, 76 sign required. Wil accept decimal format rounded to 4 decimal places (ex: 0.0924) A company is trying to estimate the cost of debt for a new project. For their estimate, they wiil find the yieid to maturity on existing company bonds. They have one outstanding bond issue at the moment that wil mature in 15.00 years. The bond pays an annual coupon of 9.00%, with a face value of $1,000. The bond currently trades at 95.00% of face value. What coupon rate wit the company have to place on new debt to sel near par value? Answer format: Percentage Round to: 2 decimal places (Example: 9.24%, \% sign required. Whi accept decima/ format rounded to 4 docimal places (ecc 0.0924 )