HW Score: 0%, 0 of 8 points Question 1, Warm-Up 9-... O Points: 0 of 1 Save A firm raises capital by selling $25,000 worth of debt with flotation costs equal to 1% of its par value. If the debt matures in 15 years and has an annual coupon interest rate of 8%, what is the bond's YTM? The bond's YTM is 1% (Round to two decimal places.)