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Compute the yield to maturity (semi-annual compounded) of a 5-year 3% semi-annual coupon bond with $1000 face value. The market value of the bond is

Compute the yield to maturity (semi-annual compounded) of a 5-year 3% semi-annual coupon bond with $1000 face value. The market value of the bond is $872.05

a. 6%
b. 3%
c. 1%
d. 8%

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