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USF Inc. issued a 20 year bond with a coupon rate of 5.3 percent. The bond makes semiannual payments. If these bond currently sell for

USF Inc. issued a 20 year bond with a coupon rate of 5.3 percent. The bond makes semiannual payments. If these bond currently sell for 105 percent of value, what is the YTM? (Hint: Use the Yield() function)

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