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Find the yield to maturity on a semiannual coupon bond given that the bond price is $ 1 1 2 8 , the coupon rate

Find the yield to maturity on a semiannual coupon bond given that the bond price is

1128,

the coupon rate is

8 %,

the face value is $

1000,

and which matures in

13

years.

(

Do not use

%

sign with your answer

)

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