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5. Jerrys Spaghetti Factory issued 12-year semiannual bonds two years ago at a coupon rate of 9.5 percent. If these bonds currently sell for 96

5. Jerrys Spaghetti Factory issued 12-year semiannual bonds two years ago at a coupon rate of 9.5 percent. If these bonds currently sell for 96 percent of par value, what is the YTM?

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