Question: Based on the data below the Yield to Maturity on the bond is? (Show 2 decimals) Current Price $ 897.50 Coupon Rate 7.0% Interest Paid

Based on the data below the Yield to Maturity on the bond is? (Show 2 decimals)

Current Price $ 897.50

Coupon Rate 7.0%

Interest Paid Annually

Par Value $ 1,000.00

Years to Maturity 5

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