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A $1,000 face value bond matures in 12 years, pays interest semiannually, and has a 6.5 percent coupon. The bond currently sells for $1,025. What

A $1,000 face value bond matures in 12 years, pays interest semiannually, and has a 6.5 percent coupon. The bond currently sells for $1,025. What is the yield to maturity?

6.20 percent

6.34 percent

6.18 percent

6.17 percent

6.37 percent

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