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Tegridy Farms Inc.s semi-annual coupon bonds are currently trading for $103.78. The bonds have a face value of $100, a coupon rate of 4%, and

Tegridy Farms Inc.s semi-annual coupon bonds are currently trading for $103.78. The bonds have a face value of $100, a coupon rate of 4%, and they mature in 6 years. What is the yield to maturity of the bonds?

Express your answer in percentage form rounded to one decimal place.

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