Question: PLEASE ANSWER I WILL THUMBS UP, (please try to keep 2 decimal places if possible) 39. The bonds issued by United Corp. bear a coupon

PLEASE ANSWER I WILL THUMBS UP, (please try to keep 2 decimal places if possible)

39. The bonds issued by United Corp. bear a coupon of 7 percent, payable semiannually. The bond matures in 16 years and has a $1,000 face value. Currently, the bond sells at $1001. The yield to maturity (YTM) is _______%

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