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Shawna Carter wants to invest her recent bonus in an 8-year bond that pays a coupon of 5 percent semiannually. The bonds are selling at

Shawna Carter wants to invest her recent bonus in an 8-year bond that pays a coupon of 5 percent semiannually. The bonds are selling at $988.15 today. If she buys this bond and holds it to maturity, what would be her yield? (Round to the closest answer.)

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