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Patricia Johnson wants to invest in four - year bonds that are currently priced at $ 8 6 8 . 4 3 . These bonds

Patricia Johnson wants to invest in four-year bonds that are currently priced at $868.43. These bonds have a coupon rate of 6.0 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%.)
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