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Aspen Company non-callable bonds sell for $935, They have a 15 year maturity, an annual coupon of $70, and a par value value of $1,000.

Aspen Company non-callable bonds sell for $935, They have a 15 year maturity, an annual coupon of $70, and a par value value of $1,000. What is their yield to maturity. Please round your answer two decimal places.

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