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ABC Corp. issued 15-year bonds at a coupon rate of 10%. The bonds make semi-annual payments. If these bonds currently sell for $850, what is

ABC Corp. issued 15-year bonds at a coupon rate of 10%. The bonds make semi-annual payments. If these bonds currently sell for $850, what is the yield to maturity (YTM)? Note: Enter your answer rounded off to two decimal points. Do not enter % in the answer box. For example, if your answer is 0.12345 then enter as 12.35 in the answer box.

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