YZX Corp. has a bond issue with a $$1,000$ par value and a $12\%$ coupon rate. It pays interest semi$-$annually and has $7$ years remaining to maturity. It just made a coupon payment $($i$.$e$.,$ it has $14$ coupon payments left to make$).$ If the bond's current price is $$1,170,$ what is the bond's yield to maturity? Enter your answer as a percent without the $\%$ sign. Round your final answer to two decimals.