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You bought a 3 0 - year maturity newly - issued corporate bond for $ 1 , 0 0 0 on Jul 1 , 2

You bought a 30-year maturity newly-issued corporate bond for $1,000 on Jul 1,202x with an interest rate of 6% p.a. Two years plus 3 months later, you decided to sell the bond. The required return for this issuer has risen to 8% p.a. because investors perceive it to be risker now. Alex bought this bond. Find Alex's yield to maturity in % per year.

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