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A bond with a 10% semiannual coupon matures in 6 years. The bond has a price of $1,200. What is the effective yield to maturity

A bond with a 10% semiannual coupon matures in 6 years. The bond has a price of $1,200. What is the effective yield to maturity for this bond?

Question 5 options:

	5.94%
	6.07%
	7.56%
	12.32%

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