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Newco issued 30-year bonds 12 years ago at a coupon rate of 7.5% payable quarterly. If...

Newco issued 30-year bonds 12 years ago at a coupon rate of 7.5% payable quarterly. If the bonds currently sell for 110% of par value, what is their YTM? (Full percent, Use two decimals i.e 8.00) Blank 1%

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