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( Chapter 6 ) What is the approximate annual yield to maturity of a ( n ) eight - year, $ 1 , 0 0

(Chapter 6) What is the approximate annual yield to maturity of a(n) eight-year, $1,000 par value bond with a 4.4% coupon rate and semiannual coupons if this bond has a quoted price of 94.44?
6.31%
5.26%
7.36%
2.63%
3.13%
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