FinanceLab K Question 5, P9-7 (similar to) HW Score: 30.22%, 15.11 of 50 points O Points: 0 of 4 The bond's yield to maturity is%. (Round to two decimal places.) Save (Related to Checkpoint 9.2) (Yield to maturity) The market price is $1,075 for a 15-year bond ($1,000 par value) that pays 9 percent annual interest, but makes interest payments on a semiannual basis (4.5 percent semiannually). What is the bond's yield to maturity? .ab

(Related to Checkpoint 9.2) (Yield to maturity) The market price is $1,075 for a 15 -year bond ( $1,000 par value) that pays 9 percent annual interest, but makes interest payments on a somiannual basis ( 4.5 percont semiannually). What is the bond's yield to maturity? The bond's yield to maturity is \%. (Round to two decimal places.)