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Soo Lee Imports issued 29-year bonds 6 years ago at a coupon rate of 5.9 percent. The bonds make semiannual payments. These bonds currently sell

Soo Lee Imports issued 29-year bonds 6 years ago at a coupon rate of 5.9 percent. The bonds make semiannual payments. These bonds currently sell for 104 percent of par value. What is the yield-to-maturity? % Allowed attempts: 3

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