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lapters 6 - 7 Saved Help Save & A 6 . 6 0 percent coupon bond with 2 6 years left to maturity can be

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A 6.60 percent coupon bond with 26 years left to maturity can be called in seven years. The call premium is one year of coupon payments. It is offered for sale at $1,115.95. What is the yield to call of the bond? (Assume interest payments are semiannual.) Note: Round your enswer to 2 decintal places.
Yield to call
%
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