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Question 2 2pts Footsteps Company has a bond outstanding with a coupon rate of 5.1 percent and annual payments. The bond currently sells for $1,016.53,

Question 2 2pts Footsteps Company has a bond outstanding with a coupon rate of 5.1 percent and annual payments. The bond currently sells for $1,016.53, matures in 15 years, and has a par value of $1,000. What is the YTM of the bond? Format your answer to 2 decimal places and into numerical format for submission (i.e. 2.37% should be submitted as 0.0237)

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