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rect Question 30 0/25 pts Niendorf Corporation's 25-year maturity bonds have an 8.75% coupon rate with interest paid semiannually, and a par value of $1.000

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rect Question 30 0/25 pts Niendorf Corporation's 25-year maturity bonds have an 8.75% coupon rate with interest paid semiannually, and a par value of $1.000 The bonds are currently selling at a premium price of $1,200 in the bond market. What is their yield to maturity (YTM)? Enter your answer rounded to bwo decimal places. Do not enter % in the answer box. For example, if your answer is 0.12345 or 12.345% then enter as 12.35 in the answer box 7.83

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