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Skolits-Corp issued 20 year bonds 2 years ago at a coupon rate of 8.3 percent. The bonds make semiannual payments. If these bonds currently sell

Skolits-Corp issued 20 year bonds 2 years ago at a coupon rate of 8.3 percent. The bonds make semiannual payments. If these bonds currently sell for 104 percent of par value. What is the YTM?

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