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5. A bond has a coupon rate of 6%, pays interest semiannually, sells for $960, and matures in 3 years. What is its yield to

5. A bond has a coupon rate of 6%, pays interest semiannually, sells for $960, and matures in 3 years. What is its yield to maturity?

A. 4.78% B. 5.48% C. 3.75% D. 7.51%

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