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A 6.25 percent coupon bond (par value=$1,000) with 16 years left to maturity is offered for sale at $1,015.25. What is the yield to maturity

A 6.25 percent coupon bond (par value=$1,000) with 16 years left to maturity is offered for sale at $1,015.25. What is the yield to maturity of the bond? (Assume interest payments are semiannual.) Note: Please express your result as a percentage and keep two digits after the decimal point.

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