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ack purchased a five-year bond today at $1,034.66. The bond pays 6.5 percent p.a, semiannually. Its face value is $1,000. The yield to maturity is

ack purchased a five-year bond today at $1,034.66. The bond pays 6.5 percent p.a, semiannually. Its face value is $1,000. The yield to maturity is closest to: (USE EXCEL or FINANCIAL CALCULATOR. )

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