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A $1,000 face value bond matures in 6 years, pays interest semiannually, and has a 7 percent coupon. The bond currently sells for $1,208. What

A $1,000 face value bond matures in 6 years, pays interest semiannually, and has a 7 percent coupon. The bond currently sells for $1,208. What
is the yield to maturity?

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