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An investor bought a 6 % bond at 74. The bond would mature in 13 years. Compute the rate of yield to maturity. (Do not

An investor bought a 6 % bond at 74. The bond would mature in 13 years. Compute the rate of yield to maturity. (Do not consider commission. Round answer to two decimal places.)

9.87%

9.12%

8.67%

10.06%

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