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The $1,000 face value bonds of Galaxies International have coupon of 3.1 percent and pay interest semiannually. Currently, the bonds are quoted at 96.02 and

The $1,000 face value bonds of Galaxies International have coupon of 3.1 percent and pay interest semiannually. Currently, the bonds are quoted at 96.02 and mature in 6 years. What is the yield to maturity? Answer in percentage points (e.g. 1.0%)

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