Find the Yield to Maturity: You purchase a Ford Corporation bond today for $1231. The bonds were issued 3 years ago at $832 par value with a 8% interest rate (interest is paid annually), maturity in 16 years. Answer in the format: - Answer as a percentage but without the \% sign - Example: 0.0651 is entered as 6.51 - Do not round intermediary calculations. Use the full precision of your calculator or Excel. - Round properly to two decimal places - Example: 157835 would be entered 15.78 - Example: 055555 would be entered 5.56