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Problem 7-22 (similar to) Question Help (Yield to maturity Assume the market price of a 6-year bond for Margaret Inc. is $800, and it has

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Problem 7-22 (similar to) Question Help (Yield to maturity Assume the market price of a 6-year bond for Margaret Inc. is $800, and it has a par value of $1.000. The bond has an annual interest rate of that is paid semiannual What is the yield to maturity of the bond? The yield to maturity of the bond is. (Round to two decimal places)

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