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This Question: 4 pts 33 of 36 (7 complete) his Test: 100 pts Question Help (Yield to maturity) Assume the market price of a 7-year

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This Question: 4 pts 33 of 36 (7 complete) his Test: 100 pts Question Help (Yield to maturity) Assume the market price of a 7-year bond for Margaret Inc. is $725, andit has a par value of $1,000. The bond has an annual interest rate of 9% that is paid semiannually. What is the yield to maturity of the bond? The yield to maturity of the bond is%. (Round to two decimal places.)

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