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Maria Miller wants to invest in four - year bonds that are currently priced at $ 8 8 0 . 0 5 . These bonds

Maria Miller wants to invest in four-year bonds that are currently priced at $880.05. These bonds have a coupon rate of 6.7 percent
and make semiannual coupon payments. What is the current market yield on this bond? (Round intermediate calculations to 5
decimal places, e.g.1.25145 and final answer to 2 decimal places, e.g.15.25%.)
Current market yield
%
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