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Skolits corp. issued 1 0 year bonds 2 years ago at a coupon rate of 7 . 8 % The bonds make semiannual payments. If

Skolits corp. issued 10 year bonds 2 years ago at a coupon rate of 7.8% The bonds make semiannual payments. If these bonds currently sell for 105 percent of par value, what is the YTM?

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