Problem $7-19$ Spreadsheet Problem: Yield to Call $($LG$7-6)$

A $5\mathrm{.}85$ percent coupon bond with $14$ years left to maturity can be called in nine years. The call premium is one year of coupon payments. It is offered for sale at $$1,167\mathrm{.}50.$ What is the yield to call of the bond? $($Assume interest payments are semiannual.$)$ Note: Round your answer to $2$ decimal places.

Yield to call