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Debra king is looking to invest in a three-year bond that makes semiannual coupon payments at a rate of 5.875 percent. If these bonds have

Debra king is looking to invest in a three-year bond that makes semiannual coupon payments at a rate of 5.875 percent. If these bonds have a market price of $972.510, what yield to maturity can she expect to earn?

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