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Your financial advisor recommends buying 500 US corporate bonds currently trading at $1,142.24 and maturing in exactly 10 years. This is a typical US

Your financial advisor recommends buying 500 US corporate bonds currently trading at $1,142.24 and maturing in exactly 10 years. This is a typical US corporate bond paying an $80 coupon. What is the YTM on this bond? Enter your response as a regular percentage rate, rounded to the nearest first decimal. Do not enter dollar signs, percent signs, or commas.

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