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What is the YTM of the bond given the information below. The bond makes annual interest payments. (Do not round intermediate calculations, round answer to

What is the YTM of the bond given the information below. The bond makes annual interest payments. (Do not round intermediate calculations, round answer to two decimals, i.e. 32.16)

Coupon Rate:6.3%

Maturity (years):14

Current Price: $1,068.85

Par value: $1,000.00

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