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Bonds issued by the Coleman Manufacturing Company have a par value of $ 1 , 0 0 0 , which of course is also the

Bonds issued by the Coleman Manufacturing Company have a par value of $1,000, which of course is also the amount of principal to be paid at maturity. The bonds are currently selling for $750. They have 10 years remaining to maturity. The annual interest payment is 13 percent ($130).
Compute the yield to maturity.
Note: Do not round intermediate calculations. Input your answer as a percent rounded to 2 decimal places.

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