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a. What is the yield of the following bond if interest (coupon) is paid annually? (Round to two decimal places.) Par Value $1,000.00 Coupon Rate

a. What is the yield of the following bond if interest (coupon) is paid annually? (Round to two decimal places.)

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Par Value $1,000.00 Coupon Rate 6% Years to Maturity 10 Yield to Maturity % Price $600.00

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