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Brown wants to invest in four-year bonds that are currently priced at $875.03. These bonds have a coupon rate of 6.2 percent and make semiannual

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Brown wants to invest in four-year bonds that are currently priced at $875.03. These bonds have a coupon rate of 6.2 percent and make semiannual coupon payments. What is the current market yield on this bond? ( 1.25145 and final answer to 2 decimal places, eg. 1s.25%.) Round intermediate calculations to 5 decimal places, e.g Current market yield

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