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If the five Target 91/2s27 bonds were bought at a premium price of 143 and that the bonds will mature in 14 years. The
If the five Target 91/2s27 bonds were bought at a premium price of 143 and that the bonds will mature in 14 years. The market value of the five bonds is $7,150, what is the yield to maturity? Round your percent to the nearest tenths place value.
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