Question: 5 points Save A bond has a $1,000 par value, 10 years to maturity, a 7% coupon rate, and currently sells for $980. The bond

5 points Save A bond has a $1,000 par value, 10 years to maturity, a 7% coupon rate, and currently sells for $980. The bond pays coupons twice per year or semiannually. What is the bond's yield to maturity? Enter your answer as a percent rounded to 2 decimal places (e.g., 12.35).

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