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XYZ Corp. issued 12 years ago at a coupon rate of 6.5 percent. The bonds make semiannual payments. If these bonds currently sell for 112

XYZ Corp. issued 12 years ago at a coupon rate of 6.5 percent. The bonds make semiannual payments. If these bonds currently sell for 112 percent of par value, what is the YTM? Please enter your answer as a PERCENT rounded to 2 decimal places.)

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