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96. The bonds issued by United Corp. bear a coupon of 4 percent, payable semiannually. The bond matures in 18 years and has a

96. The bonds issued by United Corp. bear a coupon of 4 percent, payable semiannually. The bond matures in 18 years and has a $1,000 face value. Currently, the bond sells at $975. The yield to maturity (YTM) is.

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