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A 6.10 percent coupon bond with 14 years left to maturity is offered for sale at $956.72. What yield to maturity is the bond offering?
| A 6.10 percent coupon bond with 14 years left to maturity is offered for sale at $956.72. What yield to maturity is the bond offering? (Assume interest payments are semiannual.) (Round your answer to 2 decimal places.) |
| Yield to maturity | % |
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