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Leechtown Co. has 4.3 percent coupon bonds on the market with 18 years left to maturity. The bonds make annual payments. If the bond currently

Leechtown Co. has 4.3 percent coupon bonds on the market with 18 years left to maturity. The bonds make annual payments. If the bond currently sells for $870, what is its YTM? (Do not round intermediate calculations. Round the final answer to 2 decimal places.)

Yield to maturity %

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