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A bond with 4 years to maturity, annual coupons of 5%, and face value of $1000 is selling at 110 [percent of par]. What is

A bond with 4 years to maturity, annual coupons of 5%, and face value of $1000 is selling at 110 [percent of par]. What is the YTM? Enter answer in percents, to two decimal places.

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