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Cinqua Terra incorporated issued 10 -year bonds three years ago with a coupon rate of 6.25% APR. The bonds pay semi-annual coupons, have a face

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Cinqua Terra incorporated issued 10 -year bonds three years ago with a coupon rate of 6.25% APR. The bonds pay semi-annual coupons, have a face value of $1,000 each and were issued at par value. Cinqua Terra bonds currently trade at $1,074.00. Given your answer to the 6-month return, what is the yieid to maturity (as an EAR) for hoiding the bond? Answer format: Percentage found to: 2 decimai places (Example: 9.24%, \% sign required. Wil accept decimal format rounded to 4 decimal piaces (ex: 0.0924))

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