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Vigdis owns one bond A and one bond B . The total value of these two bonds is $ 2 , 1 0 0 .

Vigdis owns one bond A and one bond B. The total value of these two bonds is $2,100. Bond A pays semi-annual coupons, matures in 6 years, has a face value of $1000, and pays its next coupon in 6 months. Bond B pays annual coupons, matures in 17 years, has a face value of $1000, has a yield-to-maturity of 7.00 percent, and pays its next coupon in one year. Both bonds have a coupon rate of 7.60 percent. What is the yield-to-maturity for bond A? Answer in decimal format, rounded to the nearest hundredth of a percent (for example, 1.23% would be entered as 0.0123).

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