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Now let's say that Bourdon Software has 5 percent coupon bonds on the market with 17 years to maturity. The bonds make semiannual payments and

Now let's say that Bourdon Software has 5 percent coupon bonds on the market with 17 years to maturity. The bonds make semiannual payments and currently sell for 96 percent of par. What is the YTM? (round 2 decimal places)

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