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Redan Corporation issued 2 0 - year bonds 2 years ago at a coupon rate of 8 . 6 percent. The bonds make semiannual payments.

Redan Corporation issued 20-year bonds 2 years ago at a coupon rate of 8.6 percent. The bonds make semiannual payments. If these bonds currently sell for 107 percent of par value, what is the YTM?
Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g.,32.16.
\table[[YTM]]
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