It is now January 1st 2008 and you are considering the purchase of an outstanding Puckett corporation bond that was issued on January 1 2006. The Puckett bond has a 9.5 percent annual coupon and a 30-year original maturity (it matures on December 31, 2037). Interest rates have declined since the bond was issued, and the bond is now selling at 116.575 percent of the par value, or $1,165.75. What is the yield to maturity in 2008 for the Puckett bond (interest is paid annually). (Yield to Maturity) Please include all formulas and steps to show how you achieved your answer.