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A 6.9% coupon bearing bond pays interest semi-annually and has a maturity of 18 years. If the current price of the bond is $1,060.86, what

A 6.9% coupon bearing bond pays interest semi-annually and has a maturity of 18 years. If the current price of the bond is $1,060.86, what is the yield to maturity of this bond? (Answer to the nearest hundredth of a percent, e.g. 12.34%)

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