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The 10-year bonds were issued two years ago at a coupon rate of 7 percent. If these bonds currently sell for 110% of par value,

The 10-year bonds were issued two years ago at a coupon rate of 7 percent. If these bonds currently sell for 110% of par value, what is the current yield to maturity? (Rounded to the nearest tenth of one percent i.e. 99.9%)

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