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Soprano's Spaghetti Factory issued 12-year bonds two years ago at a coupon rate of 6.40 percent. If these bonds currently sell for 103.65 percent of

Soprano's Spaghetti Factory issued 12-year bonds two years ago at a coupon rate of 6.40 percent. If these bonds currently sell for 103.65 percent of par value, what is the YTM? (Do not round interme...

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