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Soprano s Spaghetti Factory issued 2 5 - year bonds two years ago at a coupon rate of 7 . 5 percent. If these bonds

Sopranos Spaghetti Factory issued 25-year bonds two years ago at a coupon rate of 7.5 percent. If these bonds currently sell for 108 percent of par value, what is the YTM? The bond pays semi-annual coupons.

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