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A Japanese company has a bond outstanding that sells for 93 percent of its 100,000 par value. The bond has a coupon rate of 5.2

A Japanese company has a bond outstanding that sells for 93 percent of its 100,000 par value. The bond has a coupon rate of 5.2 percent paid annually and matures in 14 years.

What is the yield to maturity of this bond?

Please show work.

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