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The market price of a semi-annual pay bond is $956.25. It has 16 00 years to maturity and a coupon rate of 5.00% Par value

The market price of a semi-annual pay bond is $956.25. It has 16 00 years to maturity and a coupon rate of 5.00% Par value is $1,000 What is the yield to maturity? Submit Answer format: Percentage Round to 4 decimal places (Example 9 2434%, % sign required Will accept decimal format rounded to 6 decimal places (ex 0.092434))

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