Mr. Weber purchases a $1000 bond, that pays interest at j12=11.5% and is redeemable at 100 in 14 years. He bought the bond at a price to yield j12=6.25% if held until maturity. After 6 years, he sells the bond to another investor who will yield j12 =4.75% if held until maturity. Approximate Mr. Weber's yield on his investment over the 6 -year period, using method of averages? Answer: %