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Eagle Industries' bonds have a 10-year maturity and a 7.55% coupon paid semiannually. They sell at thei $1,000 pr value, and are not callable, what is the effective annual rate (EFF%) for these bonds? Recall that EFF%-[1 + (Nominal Rate / n)r-1 Your answer should be between 7.20 and 9.12, rounded to 2 decimal places, with no special characters