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A bond has six years to maturity and has a coupon fate of 7.5 percent. Coupon paymonts are made annually and the bond has a

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A bond has six years to maturity and has a coupon fate of 7.5 percent. Coupon paymonts are made annually and the bond has a face value of $1,000. The bond is currenty seling in the market for $1,127. What is the yield-to-maturity on this bond? 5% 7.5% 11.5% 2%

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