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Culpepper Supply has a bond issue outstanding that pays a 7.5% coupon and matures in 40 years. The market price is $912.90. The coupon payment

Culpepper Supply has a bond issue outstanding that pays a 7.5% coupon and matures in 40 years. The market price is $912.90. The coupon payment is paid quarterly. What is the yield to maturity?

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