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YZX Corp. has a bond issue with $1000 par value and a 15% coupon rate. It pays interest semi-annually and has 7 years remaining to

YZX Corp. has a bond issue with $1000 par value and a 15% coupon rate. It pays interest semi-annually and has 7 years remaining to maturity. If the bonds current price is 1170, What is the bonds yield to maturity? Enter your answer as a percent without the % sign. Round your final answer to two decimals.

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