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a bond is selling the market for $ 9 0 5 dollars and has an interest rate of 6 . 1 2 5 % .

a bond is selling the market for $905 dollars and has an interest rate of 6.125%. This bond has a fave value of $1000 and has 12 years to maturity. using the formula given in the book, what is the yield to maturity on this bond?

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