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The company has 3.43% coupon bonds on the market with 16 years to maturity. The bonds have a par value of $1,000, make semiannual payments

The company has 3.43% coupon bonds on the market with 16 years to maturity. The bonds have a par value of $1,000, make semiannual payments and currently sell for 97.83 percent of par. What is the current yield on the bonds ? What is the YTM ?

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