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A bond with a $1,000 face value and 13 years remaining until maturity pays a coupon rate of 7.5% compounded semi-annually. Calculate the yield to

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A bond with a $1,000 face value and 13 years remaining until maturity pays a coupon rate of 7.5% compounded semi-annually. Calculate the yield to maturity if the bond is priced at $850. 0.00 % Round to two decimal places

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