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Crossfade Corp. has a bond with a par value of $ 2 , 0 0 0 that sells for $ 2 , 0 1 7

Crossfade Corp. has a bond with a par value of $

2, 000

that sells for $

2, 017.64 .

The bond has a coupon rate of

6.63

percent and matures in

137

years. If the bond makes semiannual coupon payments, what is the YTM of the bond?

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