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Man-zeer Inc., (a Kramer/Costanza joint venture) bonds are currently trading at $649.46. The bonds have a face value of $1,000, a coupon rate of 2.5%

Man-zeer Inc., (a Kramer/Costanza joint venture) bonds are currently trading at

$649.46.

The bonds have a face value of

$1,000,

a coupon rate of

2.5%

with coupons paid semiannually, and they mature in

years. What is the yield to maturity of the bonds?

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