Problem $8-3$ Bond Yields

Ashburn Corporation issued $15-$year bonds $2$ years ago at a coupon rate of $8\mathrm{.}2$ percent.

The bonds make semiannual payments. If these bonds currently sell for $85$ percent of

par value, what is the YTM$?($Do not round intermediate calculations and enter your

answer as a percent rounded to $2$ decimal places, e$.$g$.,32\mathrm{.}16.)$

YTM