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A $5,000 face value municipal bond matures in 6 years and has a market value of $5,110. The coupon rate is 3.5 percent with interest

A $5,000 face value municipal bond matures in 6 years and has a market value of $5,110. The coupon rate is 3.5 percent with interest paid semiannually. What is the yield to maturity?

2.92 percent

3.73 percent

6.38 percent

3.10 percent

5.13 percent

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