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A TK 1 , 0 0 0 - face - value bond has a current market price of TK 9 3 5 , an 8

A TK1,000-face-value bond has a current market price of TK935, an 8 percent coupon rate, and 10 years remaining until maturity. Interest payments are made semiannually. What is the yield to maturity of this bond?

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