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Carla Vista Corp issued 10-year bonds four years ago with a coupon rate of 10.020 percent. At the time of issue, the bonds sold at

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Carla Vista Corp issued 10-year bonds four years ago with a coupon rate of 10.020 percent. At the time of issue, the bonds sold at par. Today bonds of similar risk and maturity must pay an annual coupon of 8.95 percent to sell at par value. Assuming semiannual coupon payments. (a) What is the bond's yield to maturity? (Round answer to 2 decimal places, e.g. 15.25.) Bond's yield to maturity

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