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QQP Inc. issued 30-year 8% annual coupon bonds 11 years ago. Interest rates have been on the rise since then and the current price of

QQP Inc. issued 30-year 8% annual coupon bonds 11 years ago. Interest rates have been on the rise since then and the current price of QQP bonds are $897.80. What is the YTM on these bonds now?

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