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A bond with a coupon rate of 5.68 percent and semiannual coupon payments matures in 25 years. The YTM is 6.76 percent. What is the

A bond with a coupon rate of 5.68 percent and semiannual coupon payments matures in 25 years. The YTM is 6.76 percent. What is the effective annual yield? 5.68% 7.15% 5.76% 6.87% 6.76%

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