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Problem 10-6 Yield to Maturity (LO1, CFA5) A bond with a maturity of 15 years sells for $1,078. If the coupon rate is 10.4 percent,

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Problem 10-6 Yield to Maturity (LO1, CFA5) A bond with a maturity of 15 years sells for $1,078. If the coupon rate is 10.4 percent, what is the yield to maturity of the bond? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) Yield to maturity %

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