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Help! Please assist with problem below. Unable to figure out percentage. (Yield tomaturity) The market price is $1,150 for a 17-year bond ($1,000 parvalue) that

Help! Please assist with problem below. Unable to figure out percentage.

(Yield tomaturity) The market price is $1,150 for a 17-year bond ($1,000 parvalue) that pays 9 percent annualinterest, but makes interest payments on a semiannual basis (4.5 percentsemiannually). What is thebond's yield tomaturity?

Thebond's yield to maturity is ____ %.

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