Mr. Weber purchases a $8000 bond, that pays interest at j12 = 5% and is redeemable at 103 in 10 years. He bought the bond at a price to yield j12 = 8.75% if held until maturity. After 6 years, he sells the bond to another investor who will yield j12 = 7.75% if held until maturity. Approximate Mr. Weber's yield on his investment over the 6-year period, using method of averages? *Do not round intermediate steps*