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Question : A(n) 6-year bond for Katy Corporation has a market price : 1874

A(n) 6-year bond for Katy Corporation has a market price of $1,100 and a par value of $1,000. If the bond has an annual interest rate of 9 percent, but pays interest semiannually, what is the bond's yield to maturity?

The bond's yield to maturity is _____%