Blue Crab, Inc. plans to issue new bonds, but is uncertain how the market would set the yield to maturity. The bonds would be $11-$year to maturity, carry a $12\mathrm{.}41$ percent annual coupon, and have a $$1,000$ par value. Blue Crab, Inc. has determined that these bonds would sell for $$1,357$ each. What is the yield to maturity for these bonds?

Round the answers to two decimal places in percentage form