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Parkway Void Co. issued 16-year bonds two years ago at a coupon rate of 10 percent. The bonds make semiannual payments. If these bonds currently

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Parkway Void Co. issued 16-year bonds two years ago at a coupon rate of 10 percent. The bonds make semiannual payments. If these bonds currently sell for 98 percent of par value, what is the YTM? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Yield to maturity %

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