Compute the yield to maturity for a zero coupon bond with a maturity of $12$ years and a face

value of $$1000.$ The bond is selling for $$460\mathrm{.}10.($Assume annual discounting.$)($Round to

$100$th of a percent and enter as a percentage, e$.$g$.12\mathrm{.}34\%$ as $12\mathrm{.}34)$

Answer: