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Soprano's Spaghetti Factory issued 18-year bonds two years ago at a coupon rate of 6.50 percent. If these bonds currently sell for 94.95 percent of

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Soprano's Spaghetti Factory issued 18-year bonds two years ago at a coupon rate of 6.50 percent. If these bonds currently sell for 94.95 percent of par value, what is the YTM? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) YTM % 39:10

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