S$07-04$ Bond Yields $[$LO$2]$

A Japanese company has a bond outstanding that sells for $104\mathrm{.}352$ percent of its $100,000$ par value. The bond has a

coupon rate of $3\mathrm{.}4$ percent paid annually and matures in $16$ years.

What is the yield to maturity of this bond?

Note: Do not round intermediate calculations and enter your answer as a percent rounded to $2$ decimal places, e$.$g$.,$

$32\mathrm{.}16.$