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Vermex bonds currently sell for 975 Rupees which has got 7 years maturity with a 12 percent annual coupon and have a per value of

  1. Vermex bonds currently sell for 975 Rupees which has got 7 years maturity with a 12 percent annual coupon and have a per value of 1000 Rupees. What is their YTM? What is their current yield.

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