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Broke Benjamin Co . has a bond outstanding that makes semiannual payments with a coupon rate of 5 . 5 percent. The bond sells for

Broke Benjamin Co

.

has a bond outstanding that makes semiannual payments with a coupon rate of

5.5

percent. The bond sells for $

938.52

and matures in

11

years. The par value is $

1, 000 .

What is the YTM of the bond? Please write the answer so it can be copied and pasted please!!

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