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Lucas Movies has 6 percent coupon bonds on the market with fourteen years left to maturity. The bonds make semi-annual payments. If the bond currently
Lucas Movies has 6 percent coupon bonds on the market with fourteen years left to maturity. The bonds make semi-annual payments. If the bond currently sells for $968, what is its yield-to-maturity? Do not include the percent sign (%). Round your answer to 2 decimal places. (e.g., 12.46)
Group of answer choices
6.35
3.17
5.25
6.20
6.46
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