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A 5.5 th coupon bearing bond pays interest semi-annually and has a maturity of 17 years. If the current price of the bond is $1087.30,

A 5.5 th coupon bearing bond pays interest semi-annually and has a maturity of 17 years. If the current price of the bond is $1087.30, what is the yield to maturity of this bond? (Rswer to the nearest hundredth of a percent, e.g. 12.34\%)

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