Problem 7-4 Bond Yields [LO2] A Japanese company has a bond outstanding that sells for 89 percent of its 100,000 par value. The bond has a coupon rate of 5.6 percent paid annually and matures in 18 years. What is the yield to maturity of this bond? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Yield to maturity