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ABC Bonds are currently priced at $ 1 0 5 0 with 8 years until maturity. If the coupon is 6 % and the bond

ABC Bonds are currently priced at $1050 with 8 years until maturity. If the coupon is 6% and the bond pays interest semi-annually, what is the yield to maturity for an investor that purchases the bond today? Assume a face of $1000 and round your answer to 2 decimal places
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