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Mary wants to invest her recent bonus in an eight-year bond that pays a coupon of 9 percentannually. The bonds are selling at $1,125.46 today.

Mary wants to invest her recent bonus in an eight-year bond that pays a coupon of 9 percentannually. The bonds are selling at $1,125.46 today. If she buys this bond and holds it to maturity, what would be her yield?

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