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Germantown bonds have a par value of $1,000 and a price of $ 1,027. The coupon rate is 7%, and the bonds mature in 9

Germantown bonds have a par value of $1,000 and a price of $ 1,027. The coupon rate is 7%, and the bonds mature in 9 years What is the yield-to-maturity? Assume coupons are paid semi -annually. Enter your answer as an annualized rate in decimal form, showing four decimal places. That is, if your answer is 4.55%, enter.0455.

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