Consider a bond with the following characteristics: Term: 5 years Coupon rate: 6%; coupons are paid twice a year (i.e. semi-annual compounding). Face value: $1,000 The current market price were $960? What is the bonds YTM?

Please express your answer in decimal form, keep 4 decimal places. E.g. if your answer is 4.38656 %, write down 0.0439.