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PS23 #1 The market price of a semi-annual pay bond is $980.93. It has 18.00 years to maturity and a coupon rate of 8.00%. Par

PS23 #1
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The market price of a semi-annual pay bond is $980.93. It has 18.00 years to maturity and a coupon rate of 8.00%. Par value is $1,000. What is the yield to maturity? Answer format: Percentage Round to: 4 decimal places (Example: 2434\%, \% sign required. Will accept decimal format rounded to 6

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