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Ngata Corp. issued 19-year bonds 2 years ago at a coupon rate of 9.4 percent (APR). The bonds make semiannual payments. If these bonds currently

Ngata Corp. issued 19-year bonds 2 years ago at a coupon rate of 9.4 percent (APR). The bonds make semiannual payments. If these bonds currently sell for 98 percent of par value, what is the YTM (as an APR)

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