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Fresh Fruit, Inc. has a $1,000 par value bond that is currently selling

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Fresh Fruit, Inc. has a $1,000 par value bond that is currently selling
for $1,096. It has an annual coupon rate of 7.65 percent, paid semiannually, and has 20-years remaining until maturity. What would the annual yield to maturity be on the bond if you purchased the bond today and held it until maturity?
Round the answer to two decimal places in percentage form.
You should use Excel or financial calculator.

 
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