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Abner Corporation's bonds mature in 21 years and pay 13 percent annually. If you purchase the bonds for $1,100, what is your yield to maturity?

Abner Corporation's bonds mature in 21 years and pay 13 percent annually. If you purchase the bonds for $1,100, what is your yield to maturity? Your yield to maturity on the Anber bonds is ?%

(Round to two decimal places.)

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