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XYZ Corp. issued 15 years ago at a coupon rate of 7 percent. The bonds make semiannual payments. If these bonds currently sell for 98.5

XYZ Corp. issued 15 years ago at a coupon rate of 7 percent. The bonds make semiannual payments. If these bonds currently sell for 98.5 percent of par value, what is the YTM? Please enter your answer as a PERCENT rounded to 2 decimal places.

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