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John Johnson bought 10-year bonds issued by Harvest Foods five years ago for $933.90. The bonds make semiannual coupon payments at a rate of 8.3

John Johnson bought 10-year bonds issued by Harvest Foods five years ago for $933.90. The bonds make semiannual coupon payments at a rate of 8.3 percent. If the current price of the bonds is $1,045.77, what is the yield that John would earn by selling the bonds today?

Effective annual yield . ?

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