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11.12 (similar to) Question Help A $1,000 par value bond with a 7.25% coupon rate (semianual interest) matures in 6 years and currently sells for

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11.12 (similar to) Question Help A $1,000 par value bond with a 7.25% coupon rate (semianual interest) matures in 6 years and currently sells for $980.34. What is the bond's yield to maturity and bond equivalent yold? The bond's yield to maturity is % (Round to two decimal places.)

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