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A 12-year bond with a $1,000 face value and a 6% coupon rate (with semi-annual payments) is currently selling for $834.88. What is the annual

A 12-year bond with a $1,000 face value and a 6% coupon rate (with semi-annual payments) is currently selling for $834.88. What is the annual effective yield to maturity on this bond? Show all workings clearly

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