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Huan Zhang bought a 6-year bond for $911.10. The bond pays a coupon of 7% per year and payments are made semiannually. What is the

Huan Zhang bought a 6-year bond for $911.10. The bond pays a coupon of 7% per year and payments are made semiannually. What is the Effective Annual Yield to maturity (EAY) on this bond?

8.94%

7.6%

9.15%

6.10%

10.02%

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