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The market price is $ 825 for a 14 -year bond ($1,000 par value) that pays 9 percent annual interest, but makes interest payments on

The market price is $825 for a 14-year bond ($1,000 par value) that pays 9 percent annual interest, but makes interest payments on a semiannual basis (4.5percent semiannually). What is the bond's yield to maturity?

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