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A firm's bonds have a maturity of 10 years with a $1,000 face value, have an 8% semiannual coupon, and currently sell at a price

A firm's bonds have a maturity of 10 years with a $1,000 face value, have an 8% semiannual coupon, and currently sell at a price of $1,100. What are their nominal yield to maturity (YTM)

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