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D Corporation has a bond outstanding with a coupon rate of 9 percent and a $1000 par value.The bond has 13 years left to maturity.The

D Corporation has a bond outstanding with a coupon rate of 9 percent and a $1000 par value.The bond has 13 years left to maturity.The bond is selling for $1018.What is the yield to maturity for this bond?

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