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(Related to Checkpoist 9.7) (Yield to matusity) The matket price is 5925 for a 14 year bond ( $1,000 par value) that poys 9 percent

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(Related to Checkpoist 9.7) (Yield to matusity) The matket price is 5925 for a 14 year bond ( $1,000 par value) that poys 9 percent annual interest, bet makes interest pryenents on a semiannual basis (4.5 peccent semeannually). What is the bonds yield to maturity? The bond's yield to maturity is W. (Round to two decimal phaces)

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