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Check my work Problem 10-13 Bond Yields (LO1, CFA3) ano's Spaghetti Factory issued 17-year bonds two years ago at a coupon rate of 7.40 percent.

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Check my work Problem 10-13 Bond Yields (LO1, CFA3) ano's Spaghetti Factory issued 17-year bonds two years ago at a coupon rate of 7.40 percent. if these bonds currently sell for 96.40 percent of par value, what is the YTM?(Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.)

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