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cullumber, inc., has outstanding bonds that will mature in six years and pay an 8 percent...

cullumber, inc., has outstanding bonds that will mature in six years and pay an 8 percent coupon semiannually. if you paid $1033.85 today and your required rate of return was 6.6 percent.

Wildhorse Corp. management plans to issue seven-year zero coupon bonds. It has learned that these bonds will sell today at a price at a price of $446.16. What is the yield to maturity on these Bonds?
(Round answer to 3 decimal places, e.g. 15.251%)
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