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A semiannual coupon bond with a coupon rate of 9% and face value of $1000 trades at $900. It matures in 15 years. What is

A semiannual coupon bond with a coupon rate of 9% and face value of $1000 trades at $900. It matures in 15 years. What is its yield to maturity (YTM)?

Enter and ound your answer to the nearest one-hundredth of a percent. Do not include the percent sign (%).

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