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You are thinking about buying a 10-year bond that was issued 3 years ago. The coupon rate is 9% paid semi-annually. The company that issued

You are thinking about buying a 10-year bond that was issued 3 years ago. The coupon rate is 9% paid semi-annually. The company that issued the bond has performed well and now trades at 116.94. What is the YTM. Round to the nearest % (no decimals) and use the &% symbol.

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