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Twelve years ago, BN Unicorn, Inc. issued 2 5 - year bonds with an 8 percent coupon rate, annual payments, and a $ 1 ,

Twelve years ago, BN Unicorn, Inc. issued 25-year bonds with an 8 percent coupon rate, annual payments, and a $1,000 face value. If an investor purchased one of these bonds today for $1,100, what is the bonds yield to maturity now?

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