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A STRIPS with 1 2 years until maturity and a face value of $ 1 0 , 0 0 0 is trading for $ 7

A STRIPS with 12 years until maturity and a face value of $10,000 is trading for $7,611. What is the yield to maturity? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.)

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