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Joseph Schooling bought a 8-year bond that pays 6 percent semiannually for $900. What is the yield to maturity on this bond? (Round to the

Joseph Schooling bought a 8-year bond that pays 6 percent semiannually for $900. What is the yield to maturity on this bond? (Round to the nearest two decimal places) 6.82% 4.50% 3.89% 7.70%

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