Compute the current yield on a bond with a yield to maturity of

$3\mathrm{.}9$

$\%$

$,$

$$a par value of $

$1000$

$,$

$$a coupon rate of

$6\mathrm{.}7$

$\%$

$$paid semi

$-$

annually, a remaining life of

$11$

$$years$?$

$($

Round to

$100$

th of a percent and enter as a percentage, e

$.$

g

$.$

$12\mathrm{.}34$

$\%$

$$as

$12\mathrm{.}34$

$$and state as an annual rate.