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Stone Sour Corp. issued 27-year bonds 6 years ago at a coupon rate of 9.85 percent. The bonds make semiannual payments. If these bonds currently

Stone Sour Corp. issued 27-year bonds 6 years ago at a coupon rate of 9.85 percent. The bonds make semiannual payments. If these bonds currently sell for 111 percent of par value, what is the YTM?

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