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Locust Grove Farms has a bond outstanding that matures in 1 8 years and pays a 1 3 . 5 0 % coupon. The bond

Locust Grove Farms has a bond outstanding that matures in 18 years and pays a 13.50% coupon. The bond pays interest semi-annually and has a par value of $1,000. If the market price of the bond is $1,028.13, find the bond's yield to maturity.
Group of answer choices
6.48%
9.82%
13.09%
12.96%
6.55%

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