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The bonds issued by Jack and the Box bear an 8.0 percent coupon, which is payed semiannually. The bonds mature in 7 years and have

The bonds issued by Jack and the Box bear an 8.0 percent coupon, which is payed semiannually. The bonds mature in 7 years and have a $1,000 face value. Currently, the bonds sell for $952. What is the yield to maturity?

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