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20 01:01:39 A corporate bond with a face value of $10,000 and six years remaining untilmaturity pays a coupon rate of 12% compounded semiannually. Calculate

20 01:01:39 A corporate bond with a face value of $10,000 and six years remaining untilmaturity pays a coupon rate of 12% compounded semiannually. Calculate its effective yield to maturity if it is priced at $12,550. Multiple Choice 4.87% 6.87% 8.87% 3.94% 9.87%

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