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7. The Timberlake Co. has 5% coupon bonds in the market with 9 years left to maturity. The bonds make semi-annual payments and have a

7. The Timberlake Co. has 5% coupon bonds in the market with 9 years left to maturity. The bonds make semi-annual payments and have a par value of $1,000. If the bonds currently sell for $961.50, what is the YTM

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