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A zero coupon bond with a face value of $1,000 that matures in 12 years sells today for $540. What is the yield to maturity?

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A zero coupon bond with a face value of $1,000 that matures in 12 years sells today for $540. What is the yield to maturity? (Use annual compounding.) Enter and round your answer to the nearest one-hundredth of a percent. Do not include the percent sign (%)

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