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Question 1 (1 point) What is the yield to maturity of a 24-year bond that pays a coupon rate of 13.21 percent per year, has

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Question 1 (1 point) What is the yield to maturity of a 24-year bond that pays a coupon rate of 13.21 percent per year, has a $1,000 par value, and is currently priced at $1,123? Assume annual coupon payments. Round the answers to two decimal places in percentage form. (Write the percentage sign in the "units" box). You should use Excel or financial calculator

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