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A $8,500 bond has a coupon rate of 7.25% compounded semi-annually and 7 years until maturity. What is the yield to maturity if the bond

A $8,500 bond has a coupon rate of 7.25% compounded semi-annually and 7 years until maturity. What is the yield to maturity if the bond is purchased at $8,563.75? ___% Round to two decimal places

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