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Question 27 0/2.5 pts Garvin Enterprises bonds currently sell for $1,175. They have 2 6-year maturity, an annual coupon of $95, and a par value

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Question 27 0/2.5 pts Garvin Enterprises bonds currently sell for $1,175. They have 2 6-year maturity, an annual coupon of $95, and a par value of $1,000. What is their current vield? Enter your answer rounded to two decimal places. Do not enter % in the answer box. For example if your answer is 0.12345 or 12345% then enter as 12.35 in the answer box 7.72

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