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For a certain bond that pays annual coupons, it has been determined that the amount of premium amortized in the 6th payment is $3.49 and

For a certain bond that pays annual coupons, it has been determined that the amount of premium amortized in the 6th payment is $3.49 and the amount of premium amortized in the 10th payment is $4.41. Determine the bond's annual effective yield. Give your answer to two decimal places.

yield = ___ %

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