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A 9% coupon bond has a par value of $1,000 and 16 years remaining until maturity. If the bond's price is $1024 and coupons are

A 9% coupon bond has a par value of $1,000 and 16 years remaining until maturity. If the bond's price is $1024 and coupons are paid semi-annually, what is the yield-to-maturity?

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