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Current outstanding ABC bonds are selling for $ 1148.77. These have a face value of $ 1000, a coupon of 8% and 10 years to
Current outstanding ABC bonds are selling for $ 1148.77. These have a face value of $ 1000, a coupon of 8% and 10 years to maturity. If interest is paid semiannually, what is the bond's YTM in % p.a., rounded to one decimal place?
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