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ABC has a bond trading on the secondary market with a time to maturity of five years. The bond pays a semi-annual coupon and has

ABC has a bond trading on the secondary market with a time to maturity of five years. The bond pays a semi-annual coupon and has a coupon rate of 7.6%. The bonds currently trade at $850 and have a face value of $1,000. What is the yield to maturity? (express as an APR)

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