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par value. The bond has a coupon rate of 5 percent paid annually and matures in 1 2 years. What is the yield to maturity

par value. The bond has a coupon rate of 5 percent paid annually and matures in 12 years. What is the yield to maturity of this bond? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g.,32.16.)

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