stone sour corp. issued 20-year bonds two years ago at a coupon rate of 7.1 percent. The bondns make semiannual payments. if these bonds currently sell for 105 perecent of par value, what is the YTM?

Settlement date 1/1/2000

Maturity date 1/1/2018

Annual coupon rate 7.10

coupons per year 2

Face value (% of par) 100

Bond price (% of par) 105