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The $1000 face value bonds of Shonesy International have 7.5% coupon and pay interest annually. Currently, the bonds are quoted at 95.27 and mature in

The $1000 face value bonds of Shonesy International have 7.5% coupon and pay interest annually. Currently, the bonds are quoted at 95.27 and mature in 3.5 years. What is the YTM?

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