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You buy a bond with a face value of $5,500, 15 years to maturity, and a 5.6% coupon rate paid semi-annually. The bond price is

You buy a bond with a face value of $5,500, 15 years to maturity, and a 5.6% coupon rate paid semi-annually. The bond price is $5,845.35. Calculate the bonds yield to maturity (nearest percentage whole number without % symbol, e.g. 9).

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