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A bond has a par value of $1,000, matures in 12 years, and sells for $956.50. It pays a coupon of 4.35% semiannually. What is
A bond has a par value of $1,000, matures in 12 years, and sells for $956.50. It pays a coupon of 4.35% semiannually. What is the yield to maturity of this bond?
Group of answer choices 4.83 percent 11.33 percent 6.85 percent 12..78 percent
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