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George Gervin is looking to invest in a three-year bond that pays semiannual coupons at a coupon rate of 5.875 percent. If these bonds have

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George Gervin is looking to invest in a three-year bond that pays semiannual coupons at a coupon rate of 5.875 percent. If these bonds have a market price of $981.13, what yield to maturity, can he expect to earn? Multiple Choice 702% 5875% 6.58% 4.32%

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