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You are interested in purchasing a bond from Swiss international. The bond had a 2 0 year maturity when it was issued, which was 3

You are interested in purchasing a bond from Swiss international. The bond had a 20 year maturity when it was issued, which was 3 years ago. Its face value was $1,000. The bond pays quarter interest at an 0.12 coupon rate. The bond currently trades at a price of $700, what is the YTM

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