QUESTION $6$

Apple Corporation issued $$1000$ bond with yearly and a coupon rate of $4\mathrm{.}60\%.$ Imagine you buy a $$1,000$ face value note at a price of $$900.$ The note matures in $8$ years. What would be the yield to maturity of holding this bond?

NOTE: Answer in percentage. If your answer is $0\mathrm{.}0206,$ you must answer $2\mathrm{.}06\%.$ Do not use the $"\%"$ sign

$12\mathrm{.}5$ points