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Green Corp has $ 1 , 0 0 0 face value bonds outstanding. These bonds pay interest semiannually, mature in 8 years, and have a

Green Corp has $

1, 000

face value bonds outstanding. These bonds pay interest semiannually, mature in

8

years, and have a

4 %

coupon. The current price is quoted at

103 .

What is theyield to maturity?

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