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The bond's yield to maturity is , % . ( Round to two decimal places. ) (Related to Checkpoint 9.2) (Yield to maturity) The market

The bond's yield to maturity is ,%.(Round to two decimal places.)
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(Related to Checkpoint 9.2) (Yield to maturity) The market price is S750 for a 9-year bond ($1,000 par value) that pays 9 percent annual interest, but makes interest payments on a semiannual basis (4.5 percent semiannually). What is the bonds yield to maturity? The bonds yield to maturity is OYO. (Round to two decimal places.)

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