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A(n) 7.2%k, 20-year bond is callable in 12 years at a call price of $1,071. The bond is cumently priced in the market at 3776.02.

A(n) 7.2\%k, 20-year bond is callable in 12 years at a call price of $1,071. The bond is cumently priced in the market at 3776.02. What is the issue's current yield? The issue's cumert yleid is K. (Round to two decimal places.)

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