A 5000 par value municipal bond with a coupon rate of 473, Financial Management

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A 5000 par value municipal bond with a coupon rate of 473

A 5,000 par value municipal bond with a coupon rate of 4.73 percent sells for $4,682 and has ten years until maturity. What is the yield to maturity of the bond? (Round your answer to two decimal places. Omit the "%" sign in your response.)

Yield to maturity of the bond

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Financial Management: A 5000 par value municipal bond with a coupon rate of 473

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Financial Management: A 5000 par value municipal bond with a coupon rate of 473

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