A company issued bonds on September 2, 2005 with a dividend rate of 7.5% in 20 years. The bond is sold for their face value of P10,000. On September 2, 2015, the bond price rose to P110,400. What is...

A company issued bonds on September 2, 2005 with a dividend rate of 7.5% in 20 years. The bond is sold for their face value of P10,000. On September 2, 2015, the bond price rose to P110,400. What is the current yield to maturity if the coupon is dateed annually?